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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.
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Image and article originally from www.benzinga.com. Read the original article here.