Fulton Financial Q2 2024 Sales $246.276M Beat $235.554M Estimate
Portfolio Pulse from Benzinga Newsdesk
Fulton Financial (NASDAQ:FULT) reported Q2 2024 earnings of $0.47 per share, beating the analyst estimate of $0.30 by 56.67%. Quarterly sales were $246.276 million, surpassing the $235.554 million estimate and marking a 13.36% increase from the same period last year.
July 16, 2024 | 9:10 pm
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Fulton Financial reported strong Q2 2024 earnings, with EPS of $0.47 beating estimates by 56.67% and sales of $246.276 million exceeding expectations by 4.55%. This performance indicates robust financial health and growth.
The significant beat on both EPS and sales estimates, along with a notable year-over-year sales increase, suggests strong financial performance and growth potential, likely driving positive short-term stock price movement.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100