Fulton Financial Q2 Adj EPS $0.47 Beats $0.42 Estimate, Sales $217.26M Beat $215.68M Estimate
Portfolio Pulse from Benzinga Newsdesk
Fulton Financial reported Q2 earnings of $0.46 per share, beating the analyst consensus estimate of $0.43 by 6.98%. This is a 9.52% increase from the same period last year. The company also reported quarterly sales of $217.26 million, beating the analyst consensus estimate of $216.78 million by 0.22%. This is a 19.20% increase from the same period last year.
July 18, 2023 | 8:44 pm
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POSITIVE IMPACT
Fulton Financial's Q2 earnings and sales beat analyst estimates, showing a significant YoY increase. This could potentially lead to a positive market reaction.
Fulton Financial's Q2 earnings and sales have exceeded analyst estimates, which is generally seen as a positive signal by the market. The YoY increase in both earnings and sales indicates strong financial performance, which could potentially lead to a rise in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100