WASHINGTON (dpa-AFX) - Fifth Third Bancorp (FITB) revealed earnings for
fourth quarter that decreased from last year and missed the Street estimates.

The company's earnings came in at $492 million, or $0.72 per share. This
compares with $699 million, or $1.01 per share, in last year's fourth quarter.

Analysts on average had expected the company to earn $0.85 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

Fifth Third Bancorp earnings at a glance (GAAP) :

-Earnings (Q4): $492 Mln. vs. $699 Mln. last year.
-EPS (Q4): $0.72 vs. $1.01 last year.
-Analyst Estimates: $0.85


Copyright(c) 2024 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX