Fifth Third Bancorp Q3 2024 GAAP EPS $0.78 Misses $0.83 Estimate, Sales $2.132B Miss $2.163B Estimate
Portfolio Pulse from Benzinga Newsdesk
Fifth Third Bancorp reported its Q3 2024 financial results, with GAAP EPS of $0.78 missing the estimate of $0.83, and sales of $2.132 billion falling short of the expected $2.163 billion.
October 18, 2024 | 10:32 am
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Fifth Third Bancorp's Q3 2024 earnings and sales both missed analyst estimates, with GAAP EPS at $0.78 and sales at $2.132 billion.
The earnings per share (EPS) and sales figures both missed analyst expectations, which typically results in negative sentiment and potential short-term downward pressure on the stock price. The miss in both key financial metrics suggests potential concerns about the company's performance.
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RELEVANCE 100