Comerica Incorporated (CMA) Q3 Earnings Beat Estimates

Core Insights - Comerica Incorporated (CMA) reported quarterly earnings of $1.35 per share, exceeding the Zacks Consensus Estimate of $1.28 per share, but down from $1.37 per share a year ago, resulting in an earnings surprise of +5.47% [1] - The company posted revenues of $838 million for the quarter ended September 2025, slightly missing the Zacks Consensus Estimate by 0.67%, but up from $811 million year-over-year [2] - Comerica shares have increased approximately 19.4% year-to-date, outperforming the S&P 500's gain of 12.7% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $1.30, with expected revenues of $856.12 million, and for the current fiscal year, the EPS estimate is $5.13 on revenues of $3.38 billion [7] - The estimate revisions trend for Comerica was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Zacks Industry Rank for Banks - Major Regional places it in the top 21% of over 250 Zacks industries, suggesting that the industry outlook can significantly impact stock performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]