19.01.2024 12:47:28 - dpa-AFX: Comerica Inc. Bottom Line Declines In Q4, misses estimates
WASHINGTON (dpa-AFX) - Comerica Inc. (CMA) revealed a profit for fourth
quarter that decreased from last year and missed the Street estimates.
The company's earnings totaled $27 million, or $0.20 per share. This compares
with $342 million, or $2.58 per share, in last year's fourth quarter.
Analysts on average had expected the company to earn $1.36 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.
Comerica Inc. earnings at a glance (GAAP) :
-Earnings (Q4): $27 Mln. vs. $342 Mln. last year.
-EPS (Q4): $0.20 vs. $2.58 last year.
-Analyst Estimates: $1.36
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