19.01.2024 12:35:00 - dpa-AFX: Fifth Third Bancorp Profit Declines In Q4, misses estimates
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
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