Analysts Estimate BankUnited, Inc. (BKU) to Report a Decline in Earnings: What to Look Out for
BankUnitedBankUnited(US:BKU) ZACKS·2024-07-11 15:06

Core Viewpoint - The upcoming earnings report for BankUnited is anticipated to influence its stock price, with expectations for revenues and earnings per share (EPS) being critical indicators [1][23]. Revenue and Earnings Estimates - BankUnited's revenues are projected to be $245.22 million, reflecting a 2.4% increase from the same quarter last year [2]. - The company is expected to report quarterly earnings of $0.65 per share, indicating a year-over-year decline of 16.7% [24]. Earnings Surprise Prediction - The Earnings ESP (Expected Surprise Prediction) for BankUnited is 0%, suggesting no recent analyst revisions that differ from the consensus estimate [5]. - The company has beaten consensus EPS estimates only once in the last four quarters, indicating a lack of strong earnings surprise potential [13]. Analyst Insights and Consensus - The consensus EPS estimate for BankUnited has remained unchanged over the last 30 days, reflecting a stable outlook from covering analysts [25]. - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate being a more recent version that may provide better accuracy [26]. Industry Context - Bank of America, another player in the Zacks Banks - Major Regional industry, is expected to report earnings of $0.79 per share, down 10.2% year-over-year, with revenues anticipated at $25.19 billion, a slight decrease of 0.1% [8]. - The overall industry outlook suggests a year-over-year decline in earnings for BankUnited, despite higher revenues, which could impact stock performance [23].

Analysts Estimate BankUnited, Inc. (BKU) to Report a Decline in Earnings: What to Look Out for - Reportify