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Comerica Inc. Reports Increase In Q4 Profit, Beats estimates

Comerica Inc. (CMA) reported earnings for its fourth quarter that increased from last year and beat the Street estimates.

The company's earnings came in at $221 million, or $1.66 per share. This compares with $215 million, or $1.49 per share, in last year's fourth quarter.

Analysts on average had expected the company to earn $1.58 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Comerica Inc. earnings at a glance (GAAP) :

-Earnings (Q4): $221 Mln. vs. $215 Mln. last year.
-EPS (Q4): $1.66 vs. $1.49 last year.
-Analyst Estimate: $1.58

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