Canadian Imperial Bank of Commerce (CM) Analysts See $2.22 EPS on May, 23

May 16, 2018 - By Kevin Carney

Canadian Imperial Bank of Commerce (NYSE:CM) Corporate Logo

Earnings report for Canadian Imperial Bank of Commerce (NYSE:CM) is awaited on May, 23 before the open., as reported by RTT. Last year’s earnings per share was $1.99, while now analysts expect change of 11.56 % up from current $2.22 earnings per share. The profit will be $992.66M for CM if $2.22 earnings per share becomes true. Wall Street forecasts -11.20 % negative EPS growth as of May, 23. CM hit $91.02 during the last trading session after $0.47 change.Currently Canadian Imperial Bank of Commerce is uptrending after 0.83% change in last May 16, 2017. CM has 77,677 shares volume. CM underperformed the S&P 500 by 10.72%.

Canadian Imperial Bank of Commerce (NYSE:CM) Ratings Coverage

A total of 2 analysts rate Canadian Imperial Bank Of Commerce (NYSE:CM) as follows: 2 “Buy”, 0 “Hold” and 0 “Sell”. Тherefore 100% are bullish. (NYSE:CM) has 2 ratings reports on May 16, 2018 according to StockzIntelligence. On Friday, December 1 the rating was upgraded by Credit Suisse to “Outperform”. In Tuesday, December 19 report Barclays Capital upgraded the stock to “Overweight” rating.

Canadian Imperial Bank of Commerce, a diversified financial institution, provides various financial services and products to individual, small business, commercial, corporate, and institutional clients in Canada, the United States, and internationally.The firm is valued at $40.70 billion. The firm operates through four strategic business units: Canadian Personal and Small Business Banking; Canadian Commercial Banking and Wealth Management; U.S.The P/E ratio is 10.85. Commercial Banking and Wealth Management; and Capital Markets.

For more Canadian Imperial Bank of Commerce (NYSE:CM) news released briefly go to: Twst.com, Prnewswire.com, Fool.ca, Seekingalpha.com or Fool.ca. The titles are as follows: “CIBC – Canadian Imperial Bank of Commerce: Media Advisory – CIBC to Announce Second Quarter 2018 Results on …” released on May 08, 2018, “This Morning’s Technical Outlook on Banking Stocks — Canadian Imperial Bank of Commerce, Citigroup, Bank of Nova …” on April 30, 2018, “2 Dividend-Growth Stocks Perfect to Boost Your Retirement Income” with a publish date: May 13, 2018, “Bert’s April Dividend Income Summary” and the last “Top 3 Canadian Bank Stocks to Buy Before Earnings” with publication date: May 12, 2018.

Canadian Imperial Bank of Commerce (NYSE:CM) Analyst Ratings Chart

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