BankUnited Inc reports results for the quarter ended in June - Earnings Summary

BankUnited

25/07/2023 14:31

* BankUnited Inc  BKU.N  reported quarterly adjusted
earnings of
78 cents​​ per share for the quarter ended in June. The mean
expectation of eleven analysts for the quarter was for earnings
of 78 cents per share.
    * Revenue rose 0.2% to $239.37 million from a year ago;
analysts
expected $245.06 million. 
    * BankUnited Inc's reported EPS for the quarter was 78
cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.5%
in the last three months.​ 
    * In the last 30 days, four analysts negatively revised
earnings
estimates 
    * BankUnited Inc shares had risen by 27.4% this quarter and
lost 19.2% so far this year.
    * The company reported quarterly net income of $58 million.
    * Wall Street's median 12-month price target for BankUnited
Inc is
$25.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 8
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
25 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.78           0.78           Met
 Mar. 31 2023      0.89           0.70           Missed
 Dec. 31 2022      1.08           0.82           Missed
 Sep. 30 2022      1.02           1.12           Beat