Cullen/Frost Bankers Q2 EPS $2.39 Beats $2.30 Estimate, Sales $546.877M Miss $552.535M Estimate

Cullen/Frost Bankers (NYSE: CFR) reported quarterly earnings of $2.39 per share which beat the analyst consensus estimate of $2.30 by 3.78 percent. This is a 8.14 percent increase over earnings of $2.21 per share from the same period last year. The company reported quarterly sales of $546.877 million which missed the analyst consensus estimate of $552.535 million by 1.02 percent. This is a 7.67 percent increase over sales of $507.902 million the same period last year.