Recap: Comerica Q1 Earnings

Comerica CMA reported its Q1 earnings results on Thursday, April 20, 2023 at 06:46 AM.

Here's what investors need to know about the announcement.

Comerica beat estimated earnings by 4.37%, reporting an EPS of $2.39 versus an estimate of $2.29.

Revenue was up $290.00 million from the same period last year.

Last quarter the company beat on EPS by $0.03 which was followed by a 1.02% drop in the share price the next day.

Here's a look at Comerica's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	2.55	2.54	1.78	1.38
EPS Actual	2.58	2.60	1.92	1.37
Revenue Estimate	1.01B	958.75M	806.32M	724.81M
Revenue Actual	1.02B	985.00M	829.00M	700.00M

To track all earnings releases for Comerica visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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