BankUnited: Q3 Earnings Insights


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


BankUnited (NYSE:BKU) reported its Q3 earnings results on Thursday, October 20, 2022 at 06:45 AM.

Here's what investors need to know about the announcement.

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Earnings

BankUnited beat estimated earnings by 9.8%, reporting an EPS of $1.12 versus an estimate of $1.02.

Revenue was up $38.31 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.07 which was followed by a 1.63% drop in the share price the next day.

Here's a look at BankUnited's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 0.89 0.82 1.01 0.87
EPS Actual 0.82 0.79 1.41 0.94
Revenue Estimate 244.30M 236.88M 227.36M 233.21M
Revenue Actual 238.87M 222.94M 251.64M 220.60M

To track all earnings releases for BankUnited visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


Posted In: EarningsBZI-Recaps