Cullen/Frost Bankers Q3 EPS $2.67 Beats $2.39 Estimate, Sales $561.037M Miss $565.553M Estimate

Cullen/Frost Bankers (NYSE: CFR) reported quarterly earnings of $2.67 per share which beat the analyst consensus estimate of $2.39 by 11.67 percent. This is a 19.2 percent increase over earnings of $2.24 per share from the same period last year. The company reported quarterly sales of $561.037 million which missed the analyst consensus estimate of $565.553 million by 0.80 percent. This is a 8.30 percent increase over sales of $518.038 million the same period last year.