Cullen/Frost Bankers (CFR) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

Cullen/Frost Bankers (CFR) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price c ...