Cullen/Frost Bankers (NYSE:CFR) reported its Q4 earnings results on Thursday, January 25, 2024 at 09:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Cullen/Frost Bankers beat estimated earnings by 7.39%, reporting an EPS of $2.18 versus an estimate of $2.03.
Revenue was down $2.23 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.23 which was followed by a 2.63% drop in the share price the next day.
Here’s a look at Cullen/Frost Bankers’s past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 2.15 | 2.40 | 2.55 | 2.76 |
| EPS Actual | 2.38 | 2.47 | 2.70 | 2.91 |
| Revenue Estimate | 490.35M | 500.41M | 508.93M | 501.42M |
| Revenue Actual | 491.42M | 488.79M | 505.08M | 504.14M |
To track all earnings releases for Cullen/Frost Bankers visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
