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Canadian Imperial Bank of Commerce <CM.TO> expected to post earnings of C$1.96 a share - Earnings Preview

ReutersFeb 25, 2025 2:07 PM
  • Canadian Imperial Bank of Commerce CM.TO is expected to show a rise in quarterly revenue when it reports results on February 27 for the period ending January 31 2025

  • The Toronto Ontario-based company is expected to report a 10.2% increase in revenue to C$6.859 billion from C$6.22 billion a year ago, according to the mean estimate from 6 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for Canadian Imperial Bank of Commerce is for earnings of C$1.96 per share.

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell."

  • The mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for Canadian Imperial Bank of Commerce is $69.53​, above​ its last closing price of $61.03. ​​​

Previous quarterly performance (using preferred earnings measure in Canadian dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Oct. 31 2024

1.77

1.79

1.91

Beat

7

Jul. 31 2024

1.74

1.74

1.93

Beat

11.1

Apr. 30 2024

1.63

1.66

1.75

Beat

5.4​

Jan. 31 2024

1.66

1.66

1.81

Beat

8.9

​​Oct. 31 2023

1.52

1.53

1.57

Beat

2.9

Jul. 31 2023

1.67

1.68

1.52

Missed

-9.5​

Apr. 30 2023

1.61

1.63

1.70

Beat

4.2

Jan. 31 2023

1.71

1.70

1.94

Beat

14.4

This summary was machine generated February 25 at 14:07 GMT. All figures in Canadian dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

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