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Stock impact report

Why Comerica Stock Was Sliding Today [Yahoo! Finance]

Comerica Incorporated (CMA) 
Last comerica incorporated earnings: 4/21 06:34 am Check Earnings Report
US:NYSE Investor Relations: investor.comerica.com
Company Research Source: Yahoo! Finance
by more than 5%, a steeper decline than the 3.2% fall of the S&P 500 index at that point in the trading session. In the first quarter, Comerica booked $829 million in total revenue. Although that was up 6% compared to the prior-year period, it didn't quite meet the analysts' consensus estimate for revenue of slightly more than $831 million. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » The picture was brighter on the bottom line, where the company's GAAP net income rocketed 25% higher year over year to land at $172 million, or $1.25 per share. The average analyst's projection was for $1.16. However, other line items in the report raised concerns. Comerica's tallies for both its average loan total and average deposit total both fell compared to the first quarter of 2024. The former slipped to $50.2 billion from the year-ago figure of almost $51.4 billion, while the latter dropped to $61.9 b Show less Read more
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