Canadian Imperial Bank (NYSE:CM) reported its Q4 earnings results on Thursday, December 2, 2021 at 06:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Canadian Imperial Bank missed estimated earnings by 3.6%, reporting an EPS of $2.68 versus an estimate of $2.78, which did not surprise analysts.
Revenue was up $549,000,000.00 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.97, which was followed by a 0.55% drop in the share price the next day.
Here’s a look at Canadian Imperial Bank’s past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 2.23 | 2.23 | 2.23 | 2.23 |
| EPS Actual | 3.20 | 2.85 | 2.75 | 2.11 |
| Revenue Estimate | 3.40B | 3.40B | 3.40B | 3.40B |
| Revenue Actual | 4.12B | 3.92B | 3.81B | 3.48B |
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This article was generated by Benzinga’s automated content engine and reviewed by an editor.
