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Comerica Incorporated Earnings Preview For Quarterly Earnings Release Date (NYSE:CMA)

Robert Weinstein's picture

Comerica Incorporated (NYSE:CMA) is expected to report earnings for last fiscal quarter before the opening bell on January 20, 2012.  

Comerica Incorporated, through its subsidiaries, provides various financial products and services in Texas, Arizona, California, Florida, and Michigan, with select businesses operating in several other states, as well as in Canada and Mexico. The company was founded in 1849 and is headquartered in Dallas, Texas. CMA trades an average of 2.6 million shares per day.

52 Week High: $40.41
52 Week Low:  $21.48
Book Value:    $34.94
Float Short:      4.34%

On average, 25 analysts are expecting a drop of $-0.05 in earnings per share compared to last quarter's results of $0.51. The reporting quarter's estimated mean earnings are $0.46 per share . Analyst estimates range between $0.32 and $0.61 per share.

The bottom line has rising earnings year-over-year of $277.00 million for 2010 vs. $17.00 million for 2009.

Gross reported revenue compared to the mean estimate (rounded).

Fiscal Quarter Ending Month-Year Revenue Estimates Actual $ Difference Difference %
Sep-11 $ 628.54 M $ 624.00 M $ -4.54 M -0.72%
Jun-11 $ 594.19 M $ 593.00 M $ -1.19 M -0.2%
Mar-11 $ 589.65 M $ 602.00 M $ 12.35 M 2.09%
Dec-10 $ 579.99 M $ 620.00 M $ 40.01 M 6.9%
Sep-10 $ 619.14 M $ 590.00 M $ -29.14 M -4.71%

M = millions, B = billions

Differences are rounded. (Some onetime items are often excluded in reported EPS)
paid2trade.com Quarterly Estimates And Actual EPS results CMA
Reported earnings per share compared to the mean estimate. Differences are rounded.

The total short interest number of shares for CMA
paid2trade.com short interest tool. The total short interest number of shares for CMA

The number of days to cover short interest based on average daily trading volume for CMA.
paid2trade.com number of days to cover short interest based on average daily trading volume for CMA

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I use a proprietary blend of technical analysis, financial crowd behavior, and fundamentals in my short-term trades, and while not totally the same in longer swing trades to investments, the concepts used are similar. You may want to use this article as a starting point of your own research with your financial planner. I use Seeking Alpha, Edgar Online, and Yahoo Finance for most of my data. I use the "confirmed" symbols from earnings.com that I believe to be of the most interest.

 

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(NYSE:CMA)
Comerica Incorporated
By Robert Weinstein | (NYSE:CMA) earnings report date preview short interest, analysts estimates, Paid2Trade