Earnings Preview: Comerica

Comerica (CMA) is expected to report Q2 earnings Thursday, July 17 before market open, with a conference call scheduled for 8:00 am ET.

Guidance

Analysts are looking for EPS of 51c on revenue of $680.19M. The consensus range for EPS is 13c to 80c, while the consensus range for revenue is $547M to $702.7M, according to First Call.

Analyst Views

Two research firms have issued pessimistic notes about Comerica in recent days. RBC Capital on Monday included Comerica in a list of banks that the firm is concerned about, due to their disproportionate exposure to the construction industry and/or the Upper Midwest. On July 11, Bernstein predicted that Comerica would report "weak" results.