Preview: Cullen/Frost Bankers's Earnings
Portfolio Pulse from Benzinga Insights
Cullen/Frost Bankers (NYSE:CFR) is set to release its quarterly earnings report on October 26, 2023. Analysts estimate an EPS of $2.15. The company's past performance shows a pattern of beating EPS estimates but experiencing a drop in share price. The stock is currently trading at $84.81, down 43.61% over the last 52 weeks.
October 25, 2023 | 6:01 pm
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Cullen/Frost Bankers is expected to report an EPS of $2.15 for Q3. The company has a history of beating EPS estimates but experiencing a drop in share price. The stock is down 43.61% over the last 52 weeks.
The company's history of beating EPS estimates but experiencing a drop in share price suggests that investors may be focusing more on the company's guidance than its earnings. The significant drop in the stock price over the last 52 weeks indicates a negative sentiment among investors, which could potentially lead to further declines in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100