Earnings roundup: Cullen/Frost Bankers, Valero, NuStar and others report results

  • 📰 ExpressNews
  • ⏱ Reading Time:
  • 52 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

Welcome back to Earnings Roundup, SA Inc’s weekly summary of the latest financial...

Welcome back to Earnings Roundup, SA Inc’s weekly summary of the latest financial reports from companies of local interest. Look for it online Monday during quarterly or annual earnings reporting periods.

This week’s roundup of second-quarter financial reports includes San Antonio-based companies Cullen/Frost Bankers Inc., , Digerati Technologies Inc., NuStar Energy LP and Victory Capital Holdings Inc., as well SeaWorld San Antonio parent company SeaWorld Entertainment Inc., Schlitterban parent company Cedar Fair LP, Amazon.com Inc., Southwest Airlines Co., Toyota Motor Corp. and CVS Health Corp.Cullen/Frost Bankers Inc., parent company of Frost Bank, beat analysts’ estimates with its second-quarter earnings. While the $16.

Profit of $50.8 million in the recent quarter vs. a loss of $58.9 million during the same quarter last year.“Although we have more to accomplish, we are well on our way to putting the effects of the pandemic fully behind us.”SeaWorld Entertainment Inc., owner of SeaWorld and Aquatica San Antonio, recorded record revenue for its second quarter but lower profit year over year. And attendance for the quarter was below that of 2019. Traffic from groups and international visitors remains down.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 519. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Berkshire Hathaway Reports Operating Earnings Surge, But Posts Big Investment Loss Amid Market RoutBerkshire Hathaway’s operating profits jumped in the second quarter despite fears of slowing growth.
Source: nbcchicago - 🏆 545. / 51 Read more »