Cullen/Frost Bankers Q2 EPS $2.47 Beats $2.40 Estimate
Portfolio Pulse from Benzinga Newsdesk
Cullen/Frost Bankers (NYSE:CFR) reported Q2 earnings of $2.47 per share, beating the analyst consensus estimate of $2.40 by 2.92 percent. This represents a 36.46 percent increase over earnings of $1.81 per share from the same period last year.
July 27, 2023 | 1:02 pm
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Cullen/Frost Bankers reported better than expected Q2 earnings, which could positively impact its stock price in the short term.
Cullen/Frost Bankers reported Q2 earnings that exceeded analyst estimates by 2.92%. This positive earnings surprise typically leads to a short-term increase in the company's stock price as it indicates better than expected financial performance.
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