Canadian Imperial Bank Q3 Adj. EPS $1.97 Beats $1.80 Estimate, Sales $6.045B Beat $5.813B Estimate
Canadian Imperial Bank (NYSE:CM) reported quarterly earnings of $1.97 per share which beat the analyst consensus estimate of $1.80 by 9.44 percent. This is a 25.48 percent increase over earnings of $1.57 per share from
Canadian Imperial Bank made more money than experts predicted this quarter—both in profit per share and total sales. When a big bank beats expectations, it suggests the business is running smoothly and people trust it with their money.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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