Canadian Imperial Bank Q1 Adj EPS $1.33 Beats $1.23 Estimate, Sales $4.57B Beat $4.49B Estimate

Canadian Imperial Bank (NYSE:CM) reported quarterly adj earnings of $1.33 per share which beat the analyst consensus estimate of $1.23 by 8.13 percent. This is a 6.99 percent decrease over earnings of $1.43 per share from the same period last year. The company reported quarterly sales of $4.57 billion which beat the analyst consensus estimate of $4.49 billion by 1.78 percent. This is a 4.36 percent increase over sales of $4.38 billion the same period last year.