BOK Financial (BOKF) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

Core Viewpoint - The market anticipates a year-over-year decline in BOK Financial's earnings despite an increase in revenues, with the actual results being crucial for stock price movement [1][2]. Earnings Expectations - BOK Financial is expected to report quarterly earnings of $2.10 per share, reflecting a year-over-year decrease of 3.7% [3]. - Revenues are projected to be $533.7 million, which is an increase of 3.4% compared to the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised down by 9.58% over the last 30 days, indicating a reassessment by analysts [4]. - The Most Accurate Estimate for BOK Financial is higher than the Zacks Consensus Estimate, resulting in a positive Earnings ESP of +4.76% [12]. Earnings Surprise Prediction - A positive Earnings ESP is a strong indicator of an earnings beat, especially when combined with a Zacks Rank of 1 (Strong Buy), 2 (Buy), or 3 (Hold) [10]. - BOK Financial currently holds a Zacks Rank of 2, suggesting a high likelihood of beating the consensus EPS estimate [12]. Historical Performance - In the last reported quarter, BOK Financial exceeded the expected earnings of $1.98 per share by delivering $2.19, resulting in a surprise of +10.61% [13]. - Over the past four quarters, the company has beaten consensus EPS estimates three times [14]. Industry Context - In the broader context, First Horizon National is expected to post earnings of $0.45 per share for the same quarter, indicating a year-over-year increase of 7.1% [18]. - First Horizon's revenue is anticipated to be $845.74 million, up 2.1% from the previous year [18].