Comerica Inc. Profit Falls In Q2

(RTTNews) - Comerica Inc. (CMA) revealed earnings for second quarter that declined from last year.

The company's profit totaled $112 million, or $0.80 per share. This compares with $297 million, or $1.94 per share, in last year's second quarter.

Analysts had expected the company to earn $0.21 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Comerica Inc. earnings at a glance:

-Earnings (Q2): $112 Mln. vs. $297 Mln. last year. -EPS (Q2): $0.80 vs. $1.94 last year. -Analysts Estimate: $0.21

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


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