Fulton Financial Corp expected to post earnings of 43  cents a share - Earnings Preview

Fulton Financial

14/07/2023 21:06

* Fulton Financial Corp  FULT.OQ   FULT.O  is expected
to show a
rise in quarterly revenue when it reports  results on July 18. 
    * The Lancaster Pennsylvania-based  company is expected to
report 
a 18.9% increase in revenue to $216.781 million from $182.26
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 43 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 $12.55. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.48        0.48       0.39      Missed  -18.5
 Dec. 31 2023  0.50        0.50       0.47      Missed  -6.2
 Sep. 30 2022  0.44        0.44       0.40      Missed  -8.8​
 Jun. 30 2022  0.37        0.37       0.42      Beat    14.7
 ​​Mar.        0.32        0.32       0.38      Beat    20
 31 2022                                                
 Dec. 31 2021  0.38        0.37       0.37      Met     -0.7​
 Sep. 30 2021  0.32        0.32       0.45      Beat    39
 Jun. 30 2021  0.33        0.33       0.38      Beat    15.2
 This summary was machine generated July 14 at 20:06 GMT.  All
figures in US dollars  unless otherwise stated