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Earnings Preview: Fifth Third
Published on Thursday, 19 January 2012 10:04 Written by Gerard Lerod
New York, January 19th (TradersHuddle.com) - Shares of Fifth Third Bancorp (NASDAQ:FITB) are trading lower by -1.09% ahead of its
quarterly earnings release. Fifth Third, the regional bank with presence in the Midwest and Southeast of the U.S. is expected to release its quarterly results on January 20th.
Wall Street Analysts consensus calls for a profit of $0.36 a share on $1.53 billion revenue.
Fifth Third estimates have a range of $0.09 a share. The high estimate calls for profit of $0.4 a share and the low estimate is calling for a profit of $0.31 a share, a year ago for the quarter the company reported $0.33 a share.
Fifth Third Bancorp (NASDAQ:FITB) is a diversified financial services company headquartered in Cincinnati, Ohio. The company operates banking centers in in the Midwestern and Southeastern regions of the United States. Its principal businesses include retail banking, commercial banking, investment advisory, and data processing.
Other companies on the watch on this earnings event are PNC Financial Services Group, Inc. NYSE:PNC and SunTrust Banks, Inc. NYSE:STI.
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- Fifth Third Bancorp (FITB): Today's Featured Banking Winner - TheStreet.com
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