Comerica Inc. (CMA) revealed earnings for third quarter that beat the Street estimates.
The company's bottom line came in at $175 million, or $1.35 per share. This compares with $177 million, or $1.33 per share, last year.
Analysts on average had expected the company to earn $1.28 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 7.5% to $574 million from $534 million last year.
Comerica Inc. earnings at a glance (GAAP) :
-Earnings: $175 Mln. vs. $177 Mln. last year.-EPS: $1.35 vs. $1.33 last year.-Revenue: $574 Mln vs. $534 Mln last year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.