Comerica Inc. Q3 adjusted earnings Beat Estimates

(RTTNews) - Comerica Inc. (CMA) reported a profit for its third quarter that advanced from the same period last year.

The company's bottom line totaled $316 million, or $1.86 per share. This compares with $224 million, or $1.26 per share, in last year's third quarter.

Excluding items, Comerica Inc. reported adjusted earnings of $319 million or $1.86 per share for the period.

Analysts had expected the company to earn $1.76 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Comerica Inc. earnings at a glance:

-Earnings (Q3): $319 Mln. vs. $228 Mln. last year. -EPS (Q3): $1.86 vs. $1.27 last year. -Analysts Estimate: $1.76