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Comerica (CMA) Q3 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
ZACKS· 2024-10-15 14:16
Wall Street analysts expect Comerica Incorporated (CMA) to post quarterly earnings of $1.18 per share in its upcoming report, which indicates a year-over-year decline of 35.9%. Revenues are expected to be $812.26 million, down 9.4% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 1.3% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe. Before a co ...
Will Lower NII & Rising Expenses Hurt Comerica's Q3 Earnings?
ZACKS· 2024-10-14 16:30
Comerica Incorporated ( CMA Quick Quote - Free Report ) is scheduled to report third-quarter 2024 results on Oct. 18, before the opening bell. The bank's revenues and earnings are expected to decline from the year-ago quarter's reported figures. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. The bank's earnings for the second quarter of 2024 surpassed the Zacks Consensus Estimate by 28.6%. Results benefited from increased loan demand and a strong capital position. Nil provisions r ...
Comerica Incorporated (CMA) Expected to Beat Earnings Estimates: Should You Buy?
ZACKS· 2024-10-11 15:00
The market expects Comerica Incorporated (CMA) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to ...
BNP Paribas Stabilization Notice - Pre Stab CMA CGM
GlobeNewswire News Room· 2024-10-01 08:00
[1/10/2024] Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful. [CMA CGM] Pre-stabilisation Period Announcement BNP Paribas (contact: Stanford Hartman telephone: 0207 595 8222 hereby gives notice, as Stabilisation Coordinator, that the Stabilisation Manager(s) named below may stabilise the offer of the following securities in accordance with Commission Delegated Regulation EU/2016/1052 under the Market Abuse Regulation ...
UK's CMA Decides Amazon-Anthropic Partnership Won't Lessen Competition in AI
PYMNTS.com· 2024-09-27 18:57
The United Kingdom's Competition and Markets Authority (CMA) said Friday (Sept. 27) that it decided it will not further investigate whether Amazon's partnership with Anthropic created a relevant merger situation that could result in a lessening of competition. The decision followed the CMA's invitation for comments on the partnership from any interest parties from April 24 to May 9 and its launch of a merger inquiry Aug. 8, the regulator said in a Friday update. The CMA found that the partnership of Amazon ...
Comerica Stock Touches 52-Week High: Is It Worth Considering?
ZACKS· 2024-09-24 16:41
Comerica Incorporated's (CMA) shares have touched a 52-week high of $61.84 on Monday. The stock closed the session a tad lower at $60.20, rising 18.8% in the past six months. The stock has outperformed the industry and its peers KeyCorp (KEY) , and Northern Trust Corp. (NTRS) in the same time frame. Zacks Investment Research Image Source: Six-Months Price Performance Driving Factors Behind Comerica's New 52-Week High A major factor for this upward movement of CMA stock can be attributed to the Federal Reser ...
Comerica Bank and Grand Rapids Griffins Teaming Up Again to Benefit Kids' Food Basket
Prnewswire· 2024-09-24 14:15
Community members can help nourish children and earn tickets for Griffins 2024-25 home games DETROIT, Sept. 24, 2024 /PRNewswire/ -- Comerica Bank and the Grand Rapids Griffins are teaming up again to support Kids' Food Basket (KFB) and its mission to nourish children to reach their full potential through a four-week food drive at participating West Michigan Comerica banking centers. From Sept. 24 to Oct. 17, individuals who drop off non-perishable food items from the KFB Wish List will earn ticket vouchers ...
Will CMA Concerns About VOD's Merger With Three UK Affect the Stock?
ZACKS· 2024-09-16 14:15
The Competition and Markets Authority ("CMA") – the U.K.'s competition watchdog – has raised concerns about the proposed £15 billion Vodafone Group Public Limited Company's (VOD) merger with Three UK. The agreement is likely to create the largest mobile network in the U.K., with more than 27 million customers, reducing the number of mobile operators from four to three. In its provisional findings, the CMA has observed that the deal could disrupt the competitive market and potentially harm customers by raisi ...
Comerica Passes Through 5% Yield Mark
Forbes· 2024-09-11 19:18
Forbes Community Guidelines Our community is about connecting people through open and thoughtful conversations. We want our readers to share their views and exchange ideas and facts in a safe space. In order to do so, please follow the posting rules in our site's Terms of Service. We've summarized some of those key rules below. Simply put, keep it civil. Your post will be rejected if we notice that it seems to contain: False or intentionally out-of-context or misleading information Spam Insults, profanity, ...
PickleJar Celebrates CMA Award Nomination of Patrick Thomas for Daily National Broadcast Personality of The Year
GlobeNewswire News Room· 2024-09-10 22:42
Patrick Thomas, Host of PickleJar Up All Night, Earns His Second CMA Nomination With PickleJar Up All Night HOUSTON, Sept. 10, 2024 (GLOBE NEWSWIRE) -- PickleJar Entertainment Group, (OTCMKTS: PKLE), a leading Texas-based music and entertainment software company, is proud to announce the Country Music Association has nominated Patrick Thomas, host of their nationally syndicated radio show, PickleJar Up All Night, as a nominee for the 58th annual CMA Awards. This award recognizes the distinguished broadcast ...