Benzinga | May 27, 2021 10:25AM EDT

Canadian Imperial Bank Earlier Reported Q2 EPS $2.85 Beats $2.23 Estimate, Sales $3.92B Beat $3.40B Estimate

Canadian Imperial Bank (NYSE:CM) reported quarterly earnings of $2.85 per share which beat the analyst consensus estimate of $2.23 by 27.8 percent. This is a 307.14 percent increase over earnings of $0.70 per share from the same period last year. The company reported quarterly sales of $3.92 billion which beat the analyst consensus estimate of $3.40 billion by 15.18 percent. This is a 14.67 percent increase over sales of $3.42 billion the same period last year.