A Sneak Peek At Fulton Financial Corporation (FULT) 2Q20 Earnings

95

Fulton Financial Corporation (NASDAQ:FULT) multi-bank financial holding company, is expected to report second quarter earnings results, after market close, on Tuesday 21st July 2020.

Analysts polled by Thomson Reuters anticipate second quarter income of $ 0.10 per share.

Looking ahead, the full year income are expected at $ 0.73 per share on the revenues of $ 672.91 million.

Previous Quarter Performance

Fulton Financial Corporation unwinded income for the first quarter of $ 0.16 per share, from the revenue of . The quarterly earnings decreased 12.20 percent while revenues compared with the same quarter last year.
The consensus estimates are income of $ 0.25 per share The bottom line results missed street analysts by $ 0.09 or 36 percent, at the same time, top line results analysts by $ 1.63 million or .

Historical Earnings Performance
wpDataChart with provided ID not found! wpDataTable with provided ID not found!

Click Here For More Historical Earnings Of Fulton Financial Corporation

Stock Performance

According to the previous trading day, closing price of FULT was $ 9.74, representing a 9.32 % increase from the 52 week low of $ 8.91 and a 45.89 % decrease over the 52 week high of $ 18.00.

The company has a market capital of $ 1.58 billion and is part of the Financial Services sector and Banks – Regional – US industry.

[stock_market_widget type=”chart” template=”basic” color=”orange” assets=”FULT” range=”1y” interval=”1mo” axes=”true” cursor=”true” api=”yf” style=”height: 400px;”]

Recent Analyst recommendations

On 1st June 2020, initiated by Stephens at Equal-Weight rating.

Fulton Financial Corporation operates as a multi-bank financial holding company that provides banking and financial services to businesses and consumers. It accepts various checking accounts and savings deposit products, certificates of deposit, and individual retirement accounts. The company also offers consumer loans, including home equity loans and lines of credit, automobile loans, automobile and equipment leases, personal lines of credit, and checking account overdraft protection; construction and jumbo residential mortgage loans; and commercial lending products comprising commercial, financial, agricultural, and real estate loans.