Recap: Fulton Financial Q1 Earnings

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Shares of Fulton Financial FULT were flat in after-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share were up 168.75% over the past year to $0.43, which beat the estimate of $0.35.

Revenue of $167,428,000 up by 2.11% year over year, which missed the estimate of $167,520,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

Fulton Financial hasn't issued any revenue guidance for the time being.

Recent Stock Performance

52-week high: $18.41

52-week low: $8.89

Price action over last quarter: Up 13.07%

Company Description

Fulton Financial Corp is a United States-based holding company offering financial services. The company, through its subsidiaries, operates in the five market area, which includes Pennsylvania, Delaware, Maryland, New Jersey, and Virginia. It offers a range of consumer and commercial banking products & services. The bank's loan portfolio consists of commercial real estate & construction, Commercial & industrial lending, consumer borrowing, and real estate residential & home equity.

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Posted In: EarningsBZI-Recaps
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