Wall Street analysts expect Comerica Incorporated ( CMA - Free Report ) to post quarterly earnings of $1.18 per share in its upcoming report, which indicates a year-over-year decline of 35.9%. Revenues are expected to be $812.26 million, down 9.4% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 1.3% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe. Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.