On Tuesday 22nd October 2024, BankUnited (NYSE: BKU) will release its highly anticipated third quarter financial results. This important announcement is scheduled to occur before market open.
Financial experts on Wall Street anticipate that the firm is set to announce an estimated $0.74 profit per share for the quarter. Furthermore, the company is expected to disclose a total revenue of $260.9 million for this specific period.
In the corresponding quarter of the previous year, the company's earnings report revealed a per-share income of $0.63. This significant amount was attributed to the company's remarkable total revenue of $242.57 million generated during that specific period.
Analysts on Wall Street have shared their predictions regarding the annual performance of the company, estimating a total revenue of $1.02 billion. Additionally, they are expecting the company to achieve per share profit of $2.86 for the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.72 | -7.7% | 250.21 M | +4.5% |
| Q1 2024 | $0.64 | -8.6% | 241.73 M | -1.1% |
| Q4 2023 | $0.74 | -9.8% | 234.30 M | -13.2% |
| Q3 2023 | $0.63 | -43.8% | 242.57 M | -6.3% |
| Q2 2023 | $0.78 | -4.9% | 239.37 M | +0.2% |
| *Growth on year-over-year basis | ||||
BKU has scheduled a conference call on 22nd October 2024 at 09:00 AM eastern time to discuss the third quarter financial results and other related information.
BankUnited (BKU) experienced a trading range of $36.88 to $37.82, along with a total volume of 744.80 thousand shares during the day. The stock concluded Friday's regular trading session at $37.06, marking fall of 1.96 percent.
