Commerce Bancshares (CBSH) Reports Next Week: Wall Street Expects Earnings Growth

Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for Commerce Bancshares (CBSH) due to higher revenues, with a focus on how actual results compare to estimates impacting stock price [1][2]. Earnings Expectations - The upcoming earnings report is expected to show quarterly earnings of $0.93 per share, reflecting an 8.1$415.93 million, up 4.5% from the previous year [3]. - A positive earnings surprise could lead to a stock price increase, while a miss may result in a decline [2]. Estimate Revisions - The consensus EPS estimate has been revised down by 0.83% over the last 30 days, indicating a reassessment by analysts [4]. - The Most Accurate Estimate is higher than the Zacks Consensus Estimate, resulting in a positive Earnings ESP of +0.54%, suggesting analysts are optimistic about the company's earnings prospects [10][11]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive reading is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3 [8]. - The company has a Zacks Rank of 3, indicating a likelihood of beating the consensus EPS estimate [11]. Historical Performance - Commerce Bancshares has consistently beaten consensus EPS estimates, achieving this in the last four quarters [13]. - In the last reported quarter, the company exceeded expectations by delivering earnings of $1.01 per share against an expected$0.94, resulting in a surprise of +7.45% [12]. Conclusion - While the company appears to be a strong candidate for an earnings beat, other factors should also be considered before making investment decisions [16].