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

BankUnited

19/10/2023 14:31

* BankUnited Inc  BKU.N  reported quarterly adjusted
earnings of
63 cents​​ per share for the quarter ended in September. The
mean expectation of eleven analysts for the quarter was
for earnings of 71 cents per share.
    * Revenue fell 25% to $194.15 million from a year ago;
analysts
expected $238.00 million. 
    * BankUnited Inc's reported EPS for the quarter was 63
cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.7%
in the last three months.​ 
    * In the last 30 days, four analysts negatively revised
earnings
estimates 
    * BankUnited Inc shares had fallen by 2.3% this quarter and
lost 34.7% so far this year.
    * The company reported quarterly net income of $46.98
million.
    * Wall Street's median 12-month price target for BankUnited
Inc is
$27.00 
    * 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
October 19 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.71           0.63           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