Canadian Imperial Bank Q3 Adj. EPS $2.73 Beats $2.53 Estimate, Sales $8.368B Beat $8.034B Estimate
Canadian Imperial Bank (TSX:CM) reported quarterly earnings of $2.73 per share which beat the analyst consensus estimate of $2.53 by 7.91 percent. This is a 26.39 percent increase over earnings of $2.16 per share from
Canadian Imperial Bank made more money than experts thought it would, earning $2.73 per share instead of the expected $2.53. When a big bank beats expectations like this, it suggests the business is running well and people should watch to see if it keeps going strong.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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