Fiscal Year Earnings Estimate on Comerica Incorporated(CMA)

Comerica Incorporated(CMA): For the most recent quarter end, Comerica Incorporated reported Annual Earnings of $0.99. Based on the filings, last years Annual Earnings was, $3.02. For the most recent quarter end, CMA reported a surprise Earnings per Share of 4.21% . The consensus estimate for current quarter is $0.94 and for the current fiscal year, the estimate is $4.06. For the Next fiscal year, the estimate is $4.71 based on the consensus. Dallas based Comerica Incorporated Last reported the Quarter results on Dec 31, 2016 and the Next earnings date is scheduled to be released on Apr 18, 2017.

Comerica Incorporated has received $0.94 as the consensus Earnings Estimate for the Quarter ending on Mar 2017 ,According to the estimate provided by 11 Financial Advisor in the Stock Trading Firms. Among 11 Analysts, Bottom line EPS Estimate for the current quarter is $0.88 while the top line estimate is $0.99 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at 175.67%. Comerica Incorporated reported better than expected with a surprise EPS of 4.21% or $0.04 during its most recent quarterly earnings. The Actual EPS was $0.99 compared to the Estimated EPS of $0.95. According to the corporate earnings calendar, Comerica Incorporated will release next earnings on Apr 18, 2017 with an estimated EPS consensus of $0.94. Based on the consensus of stock financial advisors the stock has a price target of $66.56. Current year estimate on EPS consensus is $4.06. The Estimated EPS rate for Long term growth is $8.

Comerica Incorporated has a Price to Earnings ratio of 24.06 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 1.63. For the Most Recent Fiscal Year, Comerica Incorporated has a price to cash ratio of 19.24. For the Trailing twelve month period, company showed a Net Profit Margin of 16% and Return on Equity of the stock is 6.92%.

Comerica Incorporated last declared its Dividend on Dec 13, 2016. For Dividend Investing Stock Market Traders Comerica Incorporated has a Dividend Yield of 1.27% with an Annual Dividend of $0.92. It has a Payout Ratio of 0.3 and the change in Dividend payout ratio is 0.04.

Comerica Incorporated Last issued its quarterly earnings results on Jan 17, 2017. The company reported $0.92 EPS for the quarter, missing the analyst consensus estimate by $ -0.02. Analyst had a consensus of $0.94. The company had revenue of $722.00 million for the quarter, compared to analysts expectations of $728.90 million. The companys revenue was up 3.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.71 EPS.

Company has reported several Insider transactions to the SEC, on Feb 2, 2017, Michael T Ritchie (Executive Vice President) sold 10,800 shares at 67.71 per share price.On Feb 2, 2017, Paul R Obermeyer (Executive Vice President) sold 15,235 shares at 67.79 per share price.On Feb 2, 2017, Muneera S Carr (EVP & Chief Accounting Officer) sold 1,155 shares at 67.57 per share price.

Comerica Incorporated (NYSE:CMA) witnessed a decline in the market cap on Wednesday as its shares dropped 0.91% or 0.66 points. After the session commenced at $72, the stock reached the higher end at $72.79 while it hit a low of $71.5335. With the volume soaring to 1,164,472 shares, the last trade was called at $72. The company has a 52-week high of $73.85. The company has a market cap of $12,662 million and there are 175,858,750 shares in outstanding. The 52-week low of the share price is $32.74.

Comerica Inc. is a registered bank holding company. Its operations made up of three lines of business: Business Bank, Individual Bank and Investment Bank. The Business Bank is comprised of middle market lending, asset-based lending, large corporate banking, treasury management and international financial services. The Individual Bank includes consumer lending, consumer deposit gathering, mortgage loan origination and servicing, small business banking and private banking. The Investment Bank is responsible for the sale of mutual fund and annuity products.


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