Fulton Financial Corp reports results for the quarter ended March 31 - Earnings Summary

Fulton Financial

15/04/2025 22:01

Fulton Financial Corp FULT.OQ reported quarterly adjusted earnings of 52 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 40 cents.  The mean expectation of seven analysts for the quarter was for earnings of 43 cents per share. Wall Street expected results to range from 41 cents to 45 cents per share.

Revenue rose 18.7% to $251.19 million from a year ago; analysts expected $258.46 million.

Fulton Financial Corp's reported EPS for the quarter was 49 cents​.

The company reported quarterly net income of $90.43 million.

Fulton Financial Corp shares had fallen by 13.4% this quarter and lost 18.7% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 7.4% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is also "buy"

Wall Street's median 12-month price target for Fulton Financial Corp is $22.50

This summary was machine generated from LSEG data April 15 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Mar. 31 2025
0.43
0.52
Beat
Dec. 31 2024
0.42
0.48
Beat
Sep. 30 2024
0.44
0.50
Beat
Jun. 30 2024
0.30
0.47
Beat