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

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.

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