Fulton Financial Corp (FULT, Financial) is set to release its Q3 2024 earnings on Oct 15, 2024. The consensus estimate for Q3 2024 revenue is $263.40 million, and the earnings are expected to come in at $0.43 per share. The full year 2024's revenue is expected to be $999.23 million and the earnings are expected to be $1.74 per share. More detailed estimate data can be found on the Forecast page.
Fulton Financial Corp (FULT, Financial) Estimates Trends
Over the past 90 days, revenue estimates for Fulton Financial Corp (FULT) for the full year 2024 have increased from $943.26 million to $999.23 million, and for 2025, estimates have risen from $999.08 million to $1.05 billion. Earnings estimates have also shown an upward trend, with estimates for 2024 increasing from $1.44 per share to $1.74 per share, and for 2025, from $1.82 per share to $1.84 per share.
Fulton Financial Corp (FULT, Financial) Reported History
In the previous quarter of June 30, 2024, Fulton Financial Corp's (FULT) actual revenue was $241.72 million, which beat analysts' revenue expectations of $235.554 million by 2.62%. Fulton Financial Corp's (FULT) actual earnings were $0.52 per share, which beat analysts' earnings expectations of $0.201 per share by 158.71%. After releasing the results, Fulton Financial Corp (FULT) was up by 4.47% in one day.
Fulton Financial Corp (FULT, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 6 analysts, the average target price for Fulton Financial Corp (FULT) is $20.33 with a high estimate of $22 and a low estimate of $19. The average target implies an upside of 13.28% from the current price of $17.95.
Based on GuruFocus estimates, the estimated GF Value for Fulton Financial Corp (FULT, Financial) in one year is $15.60, suggesting a downside of -13.09% from the current price of $17.95.
Based on the consensus recommendation from 7 brokerage firms, Fulton Financial Corp's (FULT, Financial) average brokerage recommendation is currently 2.7, indicating a "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
