Commerce Bancshares Inc expected to post earnings of $1.03 a share - Earnings Preview

Commerce Bancshares

17/01/2023 11:08

* Commerce Bancshares Inc  CBSH.OQ   CBSH.O  is expected
to show a
rise in quarterly revenue when it reports  results on January
19. 
    * The Kansas City Missouri-based  company is expected to
report  a
11.1% increase in revenue to $394.966 million from $355.36
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Commerce Bancshares
Inc
is for earnings of $1.03 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 7
"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 Commerce
Bancshares Inc is $70​, below​ its last closing price of $70.06.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  1.00        0.98       0.97      Missed  -1.3
 Jun. 30 2022  0.90        0.91       0.91      Met     0.8
 Mar. 31 2022  0.86        0.84       0.92      Beat    10.6​
 Dec. 31 2021  0.90        0.89       0.90      Beat    0.2
 ​​Sep.        0.90        0.90       0.95      Beat    6.4
 30 2021                                                
 Jun. 30 2021  0.95        0.92       1.25      Beat    35.8​
 Mar. 31 2021  0.89        0.87       1.01      Beat    16.4
 Dec. 31 2020  0.87        0.85       1.01      Beat    18.4
 This summary was machine generated January 17 at 11:08 GMT.  All
figures in US dollars  unless otherwise stated