Earnings Outlook For BankUnited
Portfolio Pulse from Benzinga Insights
BankUnited (NYSE:BKU) is set to release its quarterly earnings report on October 19, 2023. Analysts estimate an EPS of $0.72. The company's past performance shows a pattern of share price increases following earnings reports, despite last quarter's EPS miss. However, the stock has been down 35.94% over the last 52 weeks.
October 18, 2023 | 5:00 pm
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BankUnited's upcoming earnings report could potentially impact its stock price. Despite a 35.94% decrease over the last 52 weeks, the company's stock has historically increased following earnings reports.
The upcoming earnings report is a significant event for BankUnited. While the stock has been down over the past year, it has shown a pattern of increasing after earnings reports, even when the company misses EPS estimates. This suggests that investors may be more focused on the company's guidance than its actual earnings. However, given the overall negative trend, the impact on the stock price is uncertain.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100