The third quarter financial results of Cullen/Frost Bankers (NYSE: CFR) will be revealed on Thursday 31st October 2024. The big news will come out before market open, so investors can learn more about how the company is doing financially.
The latest projections from financial analysts on Wall Street suggest that the business is likely to reveal an estimated $2.17 profit per share for the quarter. Additionally, the company is expected to announce revenueS of $523.84 million for the period.
Analysts forecasting the company's performance for this year have been made public. The estimated total revenue is about $2.07 billion. They also predict that throughout the course of the fiscal year, the business will make about profit of $8.52 per share.
In the preceding quarter of the previous year, the company shared its financial results, revealing that it had income of $2.38 per share.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $2.21 | -10.5% | 507.90 M | +3.9% |
| Q1 2024 | $2.15 | -20.4% | 501.43 M | -0.7% |
| Q4 2023 | $2.18 | -25.1% | 501.90 M | -0.4% |
| Q3 2023 | $2.38 | -8.1% | 491.42 M | +2.5% |
| Q2 2023 | $2.47 | +36.5% | 488.79 M | +19.4% |
| *Growth on year-over-year basis | ||||
The business has scheduled a conference call on 31st October 2024 at 09:00 AM eastern time to discuss Q3 financial results.
Cullen/Frost Bankers (CFR) closed Tuesday's regular trading session at $129.79, reflecting a 1.93 percent decline. During the day, CFR shares traded between $129.69 and $132.67, with a day volume of 534.20 thousand shares.
