Fulton Financial (FULT) Beats Q1 Earnings and Revenue Estimates

Core Viewpoint - Fulton Financial (FULT) reported quarterly earnings of $0.52 per share, exceeding the Zacks Consensus Estimate of $0.44 per share, and showing an increase from $0.40 per share a year ago, representing an earnings surprise of 18.18% [1] Financial Performance - The company achieved revenues of $322.76 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 1.53%, and up from $230.36 million year-over-year [2] - Fulton Financial has consistently surpassed consensus EPS estimates over the last four quarters [2] Stock Performance - Fulton Financial shares have declined approximately 18.7% since the beginning of the year, compared to a decline of 8.1% for the S&P 500 [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.45 on revenues of $321.7 million, and for the current fiscal year, it is $1.86 on revenues of $1.3 billion [7] - The trend of earnings estimate revisions for Fulton Financial is mixed, which may change following the recent earnings report [6] Industry Context - The Banks - Northeast industry, to which Fulton Financial belongs, is currently ranked in the top 26% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8]