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Upcoming Earnings Reports: Insight into Performance of Canadian Imperial Bank of Commerce, Silvercorp, REX American Resources, Genesco

  • May 24th, 2023
  • 497 views

On Thursday, May 25, several companies are expected to release their financial results, giving investors insights into their performance. 

Canadian Imperial Bank of Commerce (NYSE: CM) will kick off the day by announcing its second-quarter fiscal 2023 results before the market opens. Analysts predict earnings per share (EPS) of $1.21 on revenue of $4.2 billion. On Tuesday, $CM closed at $41.60, experiencing a small decline of $0.31 or 0.74%.

After the market closes, Silvercorp Metals Inc. (NYSE American: SVM) is scheduled to report its audited financial results for the fourth quarter and fiscal 2023. The consensus estimate for EPS stands at $0.03, with revenue expected to reach $33.8 million.  $SVM closed at $3.47 on Tuesday, showing a decrease of $0.04 or 1.14%.

Pre-market, REX American Resources Corporation (NYSE: REX) will unveil its first-quarter financial results for fiscal 2023. Analysts anticipate an EPS of $0.08 on revenue totaling $183.04 million. On Tuesday, $REX closed at $31.22, indicating a positive change of $0.11 or 0.35%.

Lastly, Genesco Inc. (NYSE: GCO) will disclose its results for the first quarter of fiscal 2024 before the market opens. Analysts expect a loss of $1.10 per share, with revenue projected at $478.01 million. $GCO closed at $30.00 on Tuesday, reflecting a gain of $0.38 or 1.28%.

 

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)

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