Fulton Financial Corp reports results for the quarter ended in December - Earnings Summary

Fulton Financial

17/01/2023 22:45

* Fulton Financial Corp  FULT.OQ  reported quarterly
adjusted
earnings of 47 cents​​ per share for the quarter ended in
December. The mean expectation of eight analysts for the quarter
was for earnings of 50 cents per share.
    * Revenue rose 36.4% to $230.22 million from a year ago;
analysts
expected $227.37 million. 
    * Fulton Financial Corp's reported EPS for the quarter was
47
cents​.
    * The mean earnings estimate of analysts had risen by
about 1.1%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Fulton Financial Corp shares had risen by 0.1% this
quarter.
    * The company reported quarterly net income of $79.27
million.
    * Wall Street's median 12-month price target for Fulton
Financial
Corp is $18.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 8
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data January
17 at 10:45 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.50           0.47           Missed
 Sep. 30 2022      0.44           0.40           Missed
 Jun. 30 2022      0.37           0.42           Beat
 Mar. 31 2022      0.32           0.38           Beat