Markets
CMA

Comerica Inc. Q3 Earnings Drop

(RTTNews) - Comerica Inc. (CMA) announced a profit for third quarter that decreased from the same period last year.

The company's earnings totaled $203 million, or $1.44 per share. This compares with $290 million, or $1.96 per share, in last year's third quarter.

Analysts had expected the company to earn $0.83 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Comerica Inc. earnings at a glance:

-Earnings (Q3): $203 Mln. vs. $290 Mln. last year. -EPS (Q3): $1.44 vs. $1.96 last year. -Analysts Estimate: $0.83

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

In This Story

CMA

Latest Markets Videos

RTTNews

Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.

Learn More