Fulton Financial Corp expected to post earnings of 41  cents a share - Earnings Preview

Fulton Financial

13/10/2023 21:23

* Fulton Financial Corp  FULT.OQ   FULT.O  is expected
to show a
fall in quarterly revenue when it reports  results 
    * The Lancaster Pennsylvania-based  company is expected to
report 
a 4.6% decrease in revenue to $209.399 million from $219.55
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Fulton Financial
Corp is
for earnings of 41 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 7
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Fulton
Financial
Corp is $14​, above​ its last closing price of $12.38. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.42        0.42       0.46      Beat    8.9
 Mar. 31 2023  0.48        0.48       0.39      Missed  -18.5
 Dec. 31 2022  0.50        0.50       0.47      Missed  -6.2​
 Sep. 30 2022  0.44        0.44       0.40      Missed  -8.8
 ​​Jun.        0.37        0.37       0.42      Beat    14.7
 30 2022                                                
 Mar. 31 2022  0.32        0.32       0.38      Beat    20​
 Dec. 31 2021  0.38        0.37       0.37      Met     -0.7
 Sep. 30 2021  0.32        0.32       0.45      Beat    39
 This summary was machine generated October 13 at 20:23 GMT.  All
figures in US dollars  unless otherwise stated