Recap: Cullen/Frost Bankers Q3 Earnings

Recap: Cullen/Frost Bankers Q3 Earnings

Cullen/Frost Bankers CFR reported its Q3 earnings results on Thursday, October 27, 2022 at 09:00 AM.

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

Earnings

Cullen/Frost Bankers beat estimated earnings by 15.11%, reporting an EPS of $2.59 versus an estimate of $2.25.

Revenue was up $116.83 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.04 which was followed by a 1.44% increase in the share price the next day.

Here's a look at Cullen/Frost Bankers's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 1.77 1.47 1.34 1.52
EPS Actual 1.81 1.50 1.54 1.65
Revenue Estimate 396.70M 364.81M 350.11M 354.49M
Revenue Actual 409.30M 373.58M 373.11M 362.51M

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.

Posted In: BZI-RecapsEarnings