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from the world of economics and financeFor the quarter ended June 2024, Fulton Financial (FULT) reported revenue of $339.27 million, up 22.1% over the same period last year. EPS came in at $0.47, compared to $0.47 in the year-ago quarter.
The reported revenue represents a surprise of +12.45% over the Zacks Consensus Estimate of $301.7 million. With the consensus EPS estimate being $0.25, the EPS surprise was +88.00%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Fulton Financial performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
View all Key Company Metrics for Fulton Financial here>>>
Shares of Fulton Financial have returned +11% over the past month versus the Zacks S&P 500 composite's +3.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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