EARNINGS REPORT
FIFITBKEEP AN EYE
Fifth Third's Big Profit Beat, Soft Revenue
Fifth Third earned $1.13 per share last quarter, well above the $0.83 Wall Street expected. But revenue of about $3.28 billion came in just under forecasts, so the picture is mixed. The stock barely moved, closing up a fraction of a percent on the day.
What would change this — A fresh quarterly filing showing revenue climbing back above estimates, or a shift in insider buying, would move us off hold.
Wall Street is broadly upbeat with several buy ratings, while Orin is holding steady until the softer revenue trend clears up.Full analysis →