Anticipated $2.22 EPS for Canadian Imperial Bank of Commerce (CM) on May, 23

May 16, 2018 - By Elizabeth Jones

Canadian Imperial Bank of Commerce (NYSE:CM) Corporate Logo

On May, 23 WallStreet expected Canadian Imperial Bank of Commerce (NYSE:CM)’s earnings release, RTT reports. Analysts forecast $2.22 earnings per share, which is $0.23 up or 11.56 % from 2017’s $1.99 earnings per share. If $2.22 is reported, CM’s profit will hit $992.66M for 10.25 P/E. After $2.50 earnings per share was reported previous quarter, analysts now see negative EPS growth of -11.20 % for Canadian Imperial Bank of Commerce. CM reached $91.02 during the last trading session after $0.47 change.Canadian Imperial Bank of Commerce has volume of 77,677 shares. Since May 16, 2017 CM has risen 0.83% and is uptrending. The stock underperformed the S&P 500 by 10.72%.

Canadian Imperial Bank of Commerce (NYSE:CM) Ratings Coverage

Total analysts of 2 have positions in Canadian Imperial Bank Of Commerce (NYSE:CM) as follows: 2 rated it a “Buy”, 0 with “Sell” and 0 with “Hold”. The positive are 100%. Since December 1, 2017 according to StockzIntelligence Inc Canadian Imperial Bank Of Commerce has 2 analyst reports. On Tuesday, December 19 the stock has “Overweight” rating by Barclays Capital. On Friday, December 1 the rating was upgraded by Credit Suisse to “Outperform”.

Canadian Imperial Bank of Commerce, a diversified financial institution, provides various financial services and products to individual, small business, commercial, corporate, and institutional clients in Canada, the United States, and internationally.The firm is worth $40.70 billion. The firm operates through four strategic business units: Canadian Personal and Small Business Banking; Canadian Commercial Banking and Wealth Management; U.S.10.85 is the P/E ratio. Commercial Banking and Wealth Management; and Capital Markets.

For more Canadian Imperial Bank of Commerce (NYSE:CM) news posted recently go to: Seekingalpha.com, Prnewswire.com, Fool.ca, Fool.ca or Fool.ca. The titles are as follows: “Bert’s April Dividend Income Summary” posted on May 13, 2018, “This Morning’s Technical Outlook on Banking Stocks — Canadian Imperial Bank of Commerce, Citigroup, Bank of Nova …” on April 30, 2018, “Top 3 Canadian Bank Stocks to Buy Before Earnings” with a publish date: May 12, 2018, “2 Dividend-Growth Stocks Perfect to Boost Your Retirement Income” and the last “The 5-Stock Diversified Portfolio: Where Equity Investors Can Start” with publication date: May 09, 2018.

Canadian Imperial Bank of Commerce (NYSE:CM) Analyst Ratings Chart

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