NYSE - Delayed Quote • USD
Comerica Incorporated (CMA)
At close: April 18 at 4:00 PM EDT
Pre-Market: 7:45 AM EDT
Earnings Estimate
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| No. of Analysts | 22 | 21 | 24 | 23 |
| Avg. Estimate | 1.11 | 1.25 | 5.19 | 6.04 |
| Low Estimate | 0.95 | 1.14 | 4.65 | 5.1 |
| High Estimate | 1.22 | 1.39 | 5.83 | 6.55 |
| Year Ago EPS | 2.39 | 2.01 | 7.75 | 5.19 |
Revenue Estimate
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| No. of Analysts | 18 | 17 | 21 | 21 |
| Avg. Estimate | 806.37M | 821.8M | 3.35B | 3.57B |
| Low Estimate | 798M | 806.6M | 3.28B | 3.37B |
| High Estimate | 814.36M | 842M | 3.44B | 3.67B |
| Year Ago Sales | 966.85M | 902.75M | 3.59B | 3.35B |
| Sales Growth (year/est) | -16.60% | -9.00% | -6.80% | 6.60% |
Earnings History
| CURRENCY IN USD | 3/31/2023 | 6/30/2023 | 9/30/2023 | 12/31/2023 |
|---|---|---|---|---|
| EPS Est. | 2.29 | 1.86 | 1.69 | 1.36 |
| EPS Actual | 2.39 | 2.01 | 1.84 | 1.46 |
| Difference | 0.1 | 0.15 | 0.15 | 0.1 |
| Surprise % | 4.40% | 8.10% | 8.90% | 7.40% |
EPS Trend
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| Current Estimate | 1.11 | 1.25 | 5.19 | 6.04 |
| 7 Days Ago | 1.12 | 1.25 | 5.2 | 6.05 |
| 30 Days Ago | 1.14 | 1.3 | 5.34 | 6.15 |
| 60 Days Ago | 1.14 | 1.31 | 5.32 | 6.19 |
| 90 Days Ago | 1.31 | 1.42 | 5.63 | 6.35 |
EPS Revisions
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| Up Last 7 Days | 1 | 1 | 1 | 1 |
| Up Last 30 Days | 7 | 3 | 3 | 4 |
| Down Last 7 Days | -- | -- | -- | -- |
| Down Last 30 Days | 5 | 6 | 6 | 5 |
Growth Estimates
| CURRENCY IN USD | CMA | Industry | Sector | S&P 500 |
|---|---|---|---|---|
| Current Qtr. | -53.60% | -- | -- | 0.80% |
| Next Qtr. | -37.80% | -- | -- | 9.60% |
| Current Year | -33.00% | -- | -- | 4.50% |
| Next Year | 16.40% | -- | -- | 13.30% |
| Next 5 Years (per annum) | -10.70% | -- | -- | 11.09% |
| Past 5 Years (per annum) | 2.02% | -- | -- | -- |
Research Analysis
Analyst Price Targets
Fair Value
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Analyst Recommendations
- Strong Buy
- Buy
- Hold
- Underperform
- Sell
Earnings
Upgrades & Downgrades
| Initiated | Deutsche Bank: Hold | 4/10/2024 |
| Maintains | RBC Capital: Outperform to Outperform | 4/9/2024 |
| Maintains | Jefferies: Buy to Buy | 4/8/2024 |
| Downgrade | UBS: Buy to Neutral | 4/4/2024 |
| Maintains | Truist Securities: Buy to Buy | 4/1/2024 |
| Maintains | Evercore ISI Group: In-Line to In-Line | 3/28/2024 |
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