Comerica Inc. Bottom Line Rises 237% In Q1

(RTTNews) - Comerica Inc. (CMA) revealed a profit for its first quarter that climbed from last year.

The company said its bottom line climbed to $202 million, or $1.11 per share. This was higher than $60 million, or $0.34 per share, in last year's first quarter.

Analysts had expected the company to earn $0.94 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Comerica Inc. earnings at a glance:

-Earnings (Q1): $202 Mln. vs. $60 Mln. last year. -Earnings Growth (Y-o-Y): 236.7% -EPS (Q1): $1.11 vs. $0.34 last year. -EPS Growth (Y-o-Y): 226.5% -Analysts Estimate: $0.94