Benzinga | Apr 29, 2021 09:27AM EDT

Cullen/Frost Bankers Q1 EPS $1.77 Beats $1.43 Estimate, Sales $334.12M Miss $355.41M Estimate

Cullen/Frost Bankers (NYSE:CFR) reported quarterly earnings of $1.77 per share which beat the analyst consensus estimate of $1.43 by 23.78 percent. This is a 136 percent increase over earnings of $0.75 per share from the same period last year. The company reported quarterly sales of $334.12 million which missed the analyst consensus estimate of $355.41 million by 5.99 percent. This is a 30.59 percent decrease over sales of $481.37 million the same period last year.