CORRECTION: Canadian Imperial Bank Q3 Adj. EPS $1.97 Beats $1.80 Estimate, Sales $5.996B 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
A big Canadian bank earned more money than people expected—like getting a better grade than you studied for. When companies beat their targets, it's a sign they're running well, so people watch to see if this strength keeps going.
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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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