Frost Bank (CFR) Slips After Q1 Revenue Miss Overshadows Profit Beat
Shares of Texas-based Cullen/Frost Bankers dropped 2.9% in afternoon trading following mixed first-quarter results that beat profit forecasts but fell short on revenue.
Shares of Texas-based Cullen/Frost Bankers dropped 2.9% in afternoon trading following mixed first-quarter results that beat profit forecasts but fell short on revenue.
Lockheed Martin shares dropped 3.7% after Q1 2026 results missed expectations on both revenue and earnings, with negative free cash flow and a sharp decline in F-35 deliveries weighing on investor sentiment.
Wall Street saw mixed trading on Friday as Intel’s earnings surprise and Meta’s cloud deal lifted tech sentiment, while geopolitical hopes tempered broader market fears.
The S&P 500 just had its best month since 2020. But if you want to keep those gains, stop checking your portfolio and start thinking in decades, not days.