Investing.com - Comerica (NYSE:CMA) reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Comerica announced earnings per share of $2.60 on revenue of $985.00. Analysts polled by Investing.com anticipated EPS of $2.57 on revenue of $963.18M.
Comerica shares are down 22% from the beginning of the year, still down 33.73% from its 52 week high of $102.09 set on February 10.
Comerica shares gained 0.04% in after-hours trade following the report.
Comerica follows other major Financial sector earnings this month
Comerica's report follows an earnings beat by JPMorgan on Friday, who reported EPS of $3.12 on revenue of $32.7B, compared to forecasts EPS of $2.92 on revenue of $32.13B.
Bank of America had beat expectations on Monday with third quarter EPS of $0.81 on revenue of $24.5B, compared to forecast for EPS of $0.78 on revenue of $23.56B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar