Canadian Imperial Bank (NYSE:CM) reported its Q1 earnings results on Friday, February 25, 2022 at 06:00 AM.
Here's what investors need to know about the announcement.
Earnings
Canadian Imperial Bank beat estimated earnings by 13.29%, reporting an EPS of $3.24 versus an estimate of $2.86.
Revenue was up $554.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.1 which was followed by a 1.89% increase in the share price the next day.
Here's a look at Canadian Imperial Bank's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 2.78 | 2.23 | 2.23 | 2.23 |
| EPS Actual | 2.68 | 3.20 | 2.85 | 2.75 |
| Revenue Estimate | 3.98B | 3.40B | 3.40B | 3.40B |
| Revenue Actual | 4.03B | 4.12B | 3.92B | 3.81B |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
