Fifth Third Bancorp: Q2 Earnings Insights


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


 

Fifth Third Bancorp (NASDAQ:FITB) reported its Q2 earnings results on Thursday, July 21, 2022 at 06:30 AM.

Here's what investors need to know about the announcement.

Earnings

Fifth Third Bancorp missed estimated earnings by 13.64%, reporting an EPS of $0.76 versus an estimate of $0.88.

Revenue was up $66.00 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.01 which was followed by a 0.29% drop in the share price the next day.

Here's a look at Fifth Third Bancorp's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.69 0.9 0.91 0.80
EPS Actual 0.68 0.9 0.97 0.94
Revenue Estimate 1.94B 2.02B 1.98B 1.94B
Revenue Actual 1.88B 1.99B 2.03B 1.95B

To track all earnings releases for Fifth Third Bancorp visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


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Posted In: EarningsNewsBZI-Recaps