Benzinga | Oct 27, 2021 12:08PM EDT

Cullen/Frost Bankers's Earnings Outlook

Cullen/Frost Bankers (NYSE:CFR) is set to give its latest quarterly earnings report on Thursday, 2021-10-28. Here's what investors need to know before the announcement.

Analysts estimate that Cullen/Frost Bankers will likely report an Earnings Per Share (EPS) of $1.52

Cullen/Frost Bankers bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Past Earnings Performance

Last quarter the company beat on EPS by 15.38%, which was followed by a 0.57% drop in the share price the next day.

Here's a look at Cullen/Frost Bankers's past performance and the resulting price change:

Quarter Q2 2021 Q1 2021 Q4 2020 Q3 2020EPS Estimate 1.56 1.43 1.28 1.2EPS Actual 1.80 1.77 1.38 1.5Price Change % -0.57% -1.82% -0.4% 2.18%

Stock Performance

Shares of Cullen/Frost Bankers were trading at $130.34 as of October 26. Over the last 52-week period, shares are up 87.64%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

If you want to track all upcoming earnings announcements, check out our Earnings Calendar here