CMA
$35.27
Comerica
($.67)
(1.86%)
Earnings Details
1st Quarter March 2020
Tuesday, April 21, 2020 6:37:00 AM
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Summary

Comerica Misses

Comerica (CMA) reported a 1st Quarter March 2020 loss of $0.46 per share on revenue of $846.0 million. The consensus earnings estimate was $0.77 per share on revenue of $753.3 million. The Earnings Whisper number was $0.59 per share. Revenue fell 10.8% compared to the same quarter a year ago.

Comerica Inc is a financial services company which operates in three business segments: the Business Bank, the Retail Bank, and Wealth Management.

Results
Reported Earnings
($0.46)
Earnings Whisper
$0.59
Consensus Estimate
$0.77
Reported Revenue
$846.0 Mil
Revenue Estimate
$753.3 Mil
Growth
Earnings Growth
Revenue Growth
Power Rating
Grade
Earnings Release

Comerica Reports First Quarter 2020 Earnings Results

DALLAS, April 21, 2020 /PRNewswire/ -- Comerica Incorporated (NYSE: CMA) has reported its first quarter 2020 financial results. The results are available on the Investor Relations section of Comerica's website here. In addition, the financial results and earnings presentation will be furnished on a Form 8-K that will be available on the Securities and Exchange Commission website at www.sec.gov.

As previously announced, Comerica will host a conference call to review the first quarter 2020 financial results. Interested parties may access the call and supplemental materials through the following details:

DATE: 

Tuesday, April 21, 2020



TIME: 

7 a.m. (Central Time) 



PARTICIPANT DIAL-IN:

(800) 309-2262 or (706) 679-5261

(Event ID No. 3289618)



WEBCAST/PRESENTATION:

The live audio webcast, earnings release and earnings presentation will be available on the Investor Relations Presentations and Events page on www.comerica.com.           



REPLAY INFORMATION:

A replay (accessible for one year) of the call is expected to be available approximately one hour after the live webcast on the Investor Relations Presentations and Events page on www.comerica.com.

Comerica Incorporated (NYSE: CMA) is a financial services company headquartered in Dallas, Texas, and strategically aligned by three business segments: The Business Bank, The Retail Bank, and Wealth Management. Comerica focuses on relationships, and helping people and businesses be successful. In addition to Texas, Comerica Bank locations can be found in Arizona, California, Florida and Michigan, with select businesses operating in several other states, as well as in Canada and Mexico.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/comerica-reports-first-quarter-2020-earnings-results-301044226.html

SOURCE Comerica Incorporated