Canadian Imperial Bank CM reported its Q3 earnings results on Thursday, August 25, 2022 at 06:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Canadian Imperial Bank beat estimated earnings by 1.41%, reporting an EPS of $1.44 versus an estimate of $1.42.
Revenue was up $216.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01 which was followed by a 1.28% increase in the share price the next day.
Here’s a look at Canadian Imperial Bank’s past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.39 | 1.43 | 1.39 | 1.12 |
| EPS Actual | 1.40 | 1.62 | 1.34 | 1.60 |
| Revenue Estimate | 4.11B | 4.10B | 3.98B | 3.40B |
| Revenue Actual | 4.24B | 4.36B | 4.03B | 4.12B |
To track all earnings releases for Canadian Imperial Bank visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
Image and article originally from www.benzinga.com. Read the original article here.