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BankUnited, Inc. (BKU) Beats Q1 Earnings Estimates
BKUBankUnited(BKU) ZACKS·2025-04-28 12:55

Group 1: Earnings Performance - BankUnited, Inc. reported quarterly earnings of 0.78pershare,exceedingtheZacksConsensusEstimateof0.78 per share, exceeding the Zacks Consensus Estimate of 0.74 per share, and up from 0.64pershareayearago,representinganearningssurpriseof5.410.64 per share a year ago, representing an earnings surprise of 5.41% [1] - Over the last four quarters, the company has surpassed consensus EPS estimates four times [2] - The company posted revenues of 255.41 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 2.42%, compared to year-ago revenues of 241.73million[2]Group2:StockPerformanceandOutlookBankUnitedshareshavedeclinedapproximately11.9241.73 million [2] Group 2: Stock Performance and Outlook - BankUnited shares have declined approximately 11.9% since the beginning of the year, while the S&P 500 has decreased by 6.1% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the coming quarter is 0.78 on revenues of 268.02million,andforthecurrentfiscalyear,itis268.02 million, and for the current fiscal year, it is 3.15 on revenues of $1.08 billion [7] Group 3: Industry Context - The Zacks Industry Rank for Banks - Major Regional is currently in the top 29% of over 250 Zacks industries, indicating a favorable outlook for the sector [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, suggesting that tracking these revisions can be beneficial for investors [5] - The favorable estimate revisions trend for BankUnited has resulted in a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [6]