Cullen/Frost Bankers Q2 2024 GAAP EPS $2.21 Beats $2.07 Estimate, Sales $528.811M Beat $515.357M Estimate
Portfolio Pulse from Benzinga Newsdesk
Cullen/Frost Bankers reported Q2 2024 GAAP EPS of $2.21, beating the estimate of $2.07. Sales were $528.811 million, surpassing the $515.357 million estimate.
July 25, 2024 | 1:03 pm
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Cullen/Frost Bankers reported better-than-expected Q2 2024 earnings and sales, with GAAP EPS of $2.21 beating the $2.07 estimate and sales of $528.811 million surpassing the $515.357 million estimate.
The better-than-expected earnings and sales figures are likely to positively impact CFR's stock price in the short term as they indicate strong financial performance.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100