Why Fulton Financial Shares Are Trading Lower Today?

Fulton Financial FULT shares are trading lower after the company reported worse-than-expected fourth-quarter earnings per share results.

Fulton Financial reported quarterly earnings of $0.47 per share which missed the analyst consensus estimate of $0.50 per share.

The company reported net income available to common shareholders of $276.7 million, or $1.67 per diluted share, for the year ended December 31, 2022.

Fulton Financial Corporation is a U.S. regional financial services holding company.

FULT Price Action: Fulton Financial has a 52-week high of $19.17 and a 52-week low of $13.715.

Fulton Financial shares are down 8.61% at $15.18 at the time of publication, according to Benzinga Pro.