Why Commerce (CBSH) is Poised to Beat Earnings Estimates Again

Core Viewpoint - Commerce Bancshares (CBSH) is positioned well to potentially beat earnings estimates in its upcoming quarterly report, supported by a history of positive earnings surprises [1][5]. Earnings Performance - For the last reported quarter, Commerce Bancshares achieved earnings of $0.98 per share, exceeding the Zacks Consensus Estimate of $0.93 per share, resulting in a surprise of 5.38% [2]. - In the previous quarter, the company reported earnings of $1.01 per share against an expected $0.94 per share, delivering a surprise of 7.45% [2]. Earnings Estimates - There has been a favorable change in earnings estimates for Commerce Bancshares, with a positive Zacks Earnings ESP (Expected Surprise Prediction) indicating potential for an earnings beat [5][8]. - The current Earnings ESP for Commerce is +1.79%, suggesting analysts are optimistic about its near-term earnings potential [8]. Predictive Metrics - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [6]. - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [7].