Canadian Imperial Bank Q2 Adj. EPS $1.85 Beats $1.78 Estimate, Sales $5.839B Beat $5.250B Estimate

Canadian Imperial Bank of Commerce

Canadian Imperial Bank of Commerce

CM

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Canadian Imperial Bank (NYSE: CM) reported quarterly earnings of $1.85 per share which beat the analyst consensus estimate of $1.78 by 3.93 percent. This is a 29.37 percent increase over earnings of $1.43 per share from the same period last year. The company reported quarterly sales of $5.839 billion which beat the analyst consensus estimate of $5.250 billion by 11.22 percent. This is a 19.36 percent increase over sales of $4.892 billion the same period last year.