Core Viewpoint - Cullen/Frost Bankers reported quarterly earnings of 2.17 per share, marking an earnings surprise of 8.76% [1][2] Financial Performance - The company achieved revenues of 523.66 million year-over-year [2] - Over the last four quarters, Cullen/Frost has consistently surpassed consensus EPS estimates and topped revenue estimates three times [2] Stock Performance - Cullen/Frost shares have increased approximately 3.4% since the beginning of the year, outperforming the S&P 500's gain of 2.7% [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating expectations of outperforming the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is 538.29 million, and for the current fiscal year, it is 2.16 billion [7] - The estimate revisions trend for Cullen/Frost is favorable, which could influence future stock movements [6][5] Industry Context - The Banks - Southwest industry, to which Cullen/Frost belongs, is currently ranked in the top 4% of over 250 Zacks industries, suggesting a positive outlook for the sector [8]
Cullen/Frost Bankers (CFR) Surpasses Q4 Earnings and Revenue Estimates