UPDATE: 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 (NASDAQ:FULT) reported Q2 earnings of $0.47 per share, beating the analyst consensus estimate of $0.42 by 11.9%. The company also reported quarterly sales of $217.26 million, surpassing the analyst consensus estimate of $215.68 million by 0.73%. Both earnings and sales have increased compared to the same period last year.
July 18, 2023 | 9:02 pm
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Fulton Financial's Q2 earnings and sales exceeded analyst estimates, which could positively impact the stock in the short term.
Fulton Financial reported better-than-expected Q2 earnings and sales, which is typically a positive signal for the stock. Investors often react positively to earnings beats, which could drive the stock price up in the short term.
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