Cullen/Frost Bankers Q3 EPS $2.38 Beats $2.15 Estimate
Portfolio Pulse from Benzinga Newsdesk
Cullen/Frost Bankers (NYSE:CFR) reported Q3 earnings of $2.38 per share, beating the analyst consensus estimate of $2.15 by 10.7 percent. However, this is a 8.11 percent decrease from the same period last year.
October 26, 2023 | 1:05 pm
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Cullen/Frost Bankers reported better than expected Q3 earnings but they are down year-over-year.
Cullen/Frost Bankers reported Q3 earnings that beat analyst estimates, which is generally positive for the stock. However, the year-over-year decrease in earnings could offset this positive impact, leading to a neutral short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100