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Falling earnings estimates and reduced revenue anticipate further price corrections, historically seen in similar earnings drops.
What happened, with direct paths to the underlying reporting
FULT will report Q2 earnings on July 15, expecting $0.45 per share. Revenue is projected at $320.83 million, down from $334.71 million. Analysts are cutting price targets, indicating cautious sentiment. Dividends were declared on June 17, maintaining investor interest. FULT shares gained 1.2% recently, closing at $19.17.
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