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BankUnited, Inc. (BKU) Q4 Earnings and Revenues Beat Estimates
BKUBankUnited(BKU) ZACKS·2025-01-22 13:55

Core Insights - BankUnited, Inc. (BKU) reported quarterly earnings of 0.91pershare,exceedingtheZacksConsensusEstimateof0.91 per share, exceeding the Zacks Consensus Estimate of 0.71 per share, and up from 0.72pershareayearago,representinganearningssurpriseof28.170.72 per share a year ago, representing an earnings surprise of 28.17% [1] - The company achieved revenues of 264.46 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 1.83% and increasing from 234.3millionyearoveryear[2]BankUnitedhasconsistentlyoutperformedconsensusEPSestimatesoverthelastfourquarters,withatotaloffourearningssurprises[2]EarningsOutlookThecurrentconsensusEPSestimatefortheupcomingquarteris234.3 million year-over-year [2] - BankUnited has consistently outperformed consensus EPS estimates over the last four quarters, with a total of four earnings surprises [2] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is 0.72 on revenues of 258.7million,whiletheestimateforthecurrentfiscalyearis258.7 million, while the estimate for the current fiscal year is 3 on revenues of $1.06 billion [7] - The trend of estimate revisions for BankUnited is mixed, leading to a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Banks - Major Regional industry, to which BankUnited belongs, is currently ranked in the top 15% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]