Fifth Third Bancorp's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Fifth Third Bancorp (NASDAQ:FITB) is set to release its latest quarterly earnings report on October 19, 2023. Analysts estimate an earnings per share (EPS) of $0.82. The company's stock performance has been generally negative over the last 52-week period, with shares down 19.78%. Last quarter, the company beat EPS estimates by $0.04, but this was followed by a 3.52% drop in the share price.
October 18, 2023 | 2:02 pm
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Fifth Third Bancorp is expected to report an EPS of $0.82 for Q3 2023. The company's shares have been on a downward trend, falling 19.78% over the past year. Last quarter, despite beating EPS estimates, the share price dropped 3.52%.
The company's shares have been on a downward trend over the past year, which may continue if the earnings report does not meet or exceed expectations. Last quarter, despite beating EPS estimates, the share price dropped, indicating that investors may be looking for more than just an earnings beat.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100