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Fulton Financial (FULT) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

Fulton Financial (FULT) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

The market expects Fulton Financial (FULT) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended September 2020. This widely-known consensus outlook is important in assessing the company’s earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.

The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on October 20. On the other hand, if they miss, the stock may move lower.

While the sustainability of the immediate price change and future earnings expectations will mostly depend on management’s discussion of business conditions on the earnings call, it’s worth handicapping the probability of a positive EPS surprise.

Zacks Consensus Estimate

This financial holding company is expected to post quarterly earnings of $0.19 per share in its upcoming report, which represents a year-over-year change of -48.7%.

Revenues are expected to be $217.30 million, down 3.1% from the year-ago quarter.

Estimate Revisions Trend

The consensus EPS estimate for the quarter has been revised 50% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.

Price, Consensus and EPS Surprise

Earnings Whisper

Estimate revisions ahead of a company’s earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model — the Zacks Earnings ESP (Expected Surprise Prediction).

The Zacks Earnings ESP compares the Most Accurate Estimate to the

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Regions Financial (RF) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

Regions Financial (RF) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

The market expects Regions Financial (RF) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended September 2020. This widely-known consensus outlook is important in assessing the company’s earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.

The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on October 20. On the other hand, if they miss, the stock may move lower.

While the sustainability of the immediate price change and future earnings expectations will mostly depend on management’s discussion of business conditions on the earnings call, it’s worth handicapping the probability of a positive EPS surprise.

Zacks Consensus Estimate

This holding company for Regions Bank is expected to post quarterly earnings of $0.34 per share in its upcoming report, which represents a year-over-year change of -12.8%.

Revenues are expected to be $1.50 billion, up 0.2% from the year-ago quarter.

Estimate Revisions Trend

The consensus EPS estimate for the quarter has been revised 5.21% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.

Price, Consensus and EPS Surprise

Earnings Whisper

Estimate revisions ahead of a company’s earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model — the Zacks Earnings ESP (Expected Surprise Prediction).

The Zacks Earnings ESP compares the Most Accurate Estimate

Read the rest
Is Entrepreneurship Your Next Career Move?

Is Entrepreneurship Your Next Career Move?

Entrepreneurship is on the rise, as new business applications are at their highest level in over a decade. While the country has lost over 10.7 million jobs since February, according to reports from CNN, new businesses launches are exploding. In the midst of uncertainty surrounding the economy and the pushme-pullyou stimulus package, American entrepreneurship is driving signs of recovery. For the week of October 3, applications for new businesses are up 40% vs. one year ago. If you’re frustrated with your career, or the lack of one, it might be time to stop looking for your next job. Why not create one instead? Is it time to launch your own business, and take matters into your own hands? Here’s how to know if entrepreneurship is your next career move:

  1. Where to Look for a Business Idea: in my coaching work with entrepreneurs, the conversation often focuses on innovation. Where do new ideas come from, my clients want to know, and can you help me to find just the good ones? While I don’t have anyone’s map, I do have a pretty good compass. My internal GPS has shown me that the journey to business launch actually starts with discomfort. Many successful entrepreneurs that I work with (myself included) have identified a specific and particular challenge that they have faced. Something that they wish would be different, or easier, or differently easier. What is it in your life that you could change, with a product or service? As Tim Ferriss asks in Tribe of Mentors, “What would this look like if it were…easier?” Could you teach, coach or consult with others, turning your expertise into an entrepreneurial venture? Do you have a particular
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