17.07.2018 12:48:02

Comerica Inc. Q2 adjusted earnings Beat Estimates

(RTTNews) - Comerica Inc. (CMA) reported a profit for its second quarter that rose from last year.

The company's earnings totaled $324 million, or $1.87 per share. This compares with $202 million, or $1.13 per share, in last year's second quarter.

Excluding items, Comerica Inc. reported adjusted earnings of $330 million or $1.90 per share for the period.

Analysts had expected the company to earn $1.64 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Comerica Inc. earnings at a glance:

-Earnings (Q2): $330 Mln. vs. $206 Mln. last year. -EPS (Q2): $1.90 vs. $1.15 last year. -Analysts Estimate: $1.64

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