Canadian Imperial Bank (CM) Surpasses Q2 Earnings Estimates

Canadian Imperial Bank (CM) came out with quarterly earnings of $1.44 per share, beating the Zacks Consensus Estimate of $1.34 per share. This compares to earnings of $1.29 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.46%. A quarter ago, it was expected that this bank and financial services company would post earnings of $1.38 per share when it actually produced earnings of $1.55, delivering a surprise of 12.32%.Over the ...