Why Commerce (CBSH) Could Beat Earnings Estimates Again

Core Viewpoint - Commerce Bancshares (CBSH) has consistently beaten earnings estimates and is well-positioned for future earnings surprises, particularly in its upcoming quarterly report [1][5]. Earnings Performance - For the most recent quarter, Commerce Bancshares reported earnings of $1.01 per share, exceeding the expected $0.94 per share, resulting in a surprise of 7.45% [2]. - In the previous quarter, the company reported $1.07 per share against an expectation of $1 per share, achieving a surprise of 7% [2]. Earnings Estimates and Predictions - There has been a favorable change in earnings estimates for Commerce, with a positive Zacks Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of an earnings beat [5][8]. - The current Earnings ESP for Commerce is +0.54%, suggesting that analysts have recently become more optimistic about the company's earnings prospects [8]. Zacks Rank and Success Rate - Commerce Bancshares holds a Zacks Rank of 3 (Hold), which, when combined with a positive Earnings ESP, indicates a high probability of beating consensus estimates, with historical data showing nearly 70% success in such cases [6][8].