Fulton Financial Q1 Sales $211.53M Miss $216.52M Estimate
Portfolio Pulse from Benzinga Newsdesk
Fulton Financial reported Q1 sales of $211.53M, missing the estimated $216.52M.
April 16, 2024 | 8:40 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Fulton Financial's Q1 sales missed estimates, reporting $211.53M against the expected $216.52M.
Missing sales estimates typically leads to negative investor sentiment in the short term, potentially causing a decrease in stock price. Given the direct impact of the earnings miss on Fulton Financial, it's likely to influence investor confidence negatively.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100