Benzinga | Oct 19, 2020 10:20AM EDT

Earnings Outlook for Commerce Bancshares

Commerce Bancshares (NASDAQ: CBSH) unveils its next round of earnings this Tuesday, October 20. Here is Benzinga's everything-that-matters guide for the earnings announcement.

Earnings and Revenue

Sell-side analysts expect Commerce Bancshares's EPS to be near $0.69 on sales of $333.87 million. Commerce Bancshares EPS in the same period a year ago totaled $0.98. Revenue was $336.25 million. If the company were to match the consensus estimate when it reports Tuesday, EPS would have fallen 29.59%. Revenue would be down 0.71% from the year-ago period. Here is how the Commerce Bancshares's reported EPS has stacked up against analyst estimates in the past:

Quarter Q2 2020 Q1 2020 Q4 2020 Q3 2019EPS Estimate 0.53 0.55 0.87 0.92EPS Actual 0.34 0.44 0.93 0.98Revenue Estimate 324.37 M 329.94 M 336.94 M 337.57 MRevenue Actual 320.57 M 324.73 M 346.12 M 336.25 M

Stock Performance

Shares of Commerce Bancshares were trading at $58.29 as of October 16. Over the last 52-week period, shares are down 3.82%. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Commerce Bancshares is scheduled to hold the call at 06:00:00 ET and can be accessed here: http://investor.commercebank.com/event