Cullen/Frost Bankers (CFR) Beats Q1 Earnings and Revenue Estimates

Cullen/Frost Bankers (CFR) came out with quarterly earnings of $2.30 per share, beating the Zacks Consensus Estimate of $2.17 per share. This compares to earnings of $2.15 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5.99%. A quarter ago, it was expected that this financial holding company would post earnings of $2.17 per share when it actually produced earnings of $2.36, delivering a surprise of 8.76%.Over the last four qu ...