The exciting news about Fifth Third Bancorp (NASDAQ: FITB) will be shared on Friday 18th October 2024. Investors and analysts are eagerly waiting to hear about the company's financial performance for the third quarter of 2024. This significant announcement will happen before market open.
The financial experts on Wall Street are predicting that the firm will likely report an estimated $0.83 profit per share for the third quarter. Additionally, it is anticipated that the company will reveal a $2.16 billion revenue during the quarter.
The experts on Wall Street have shared their predictions for how well the company will do this year. They think the total revenue will be around $8.57 billion. They also believe the company will reach about profit of $3.23 per share for the fiscal year.
The company's earnings report for the same quarter in the previous year revealed a per-share income of $0.92, attributed to the company's total revenue of $2.16 billion.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.86 | -1.1% | 2.09 B | -4.6% |
| Q1 2024 | $0.76 | -8.4% | 2.10 B | -5.3% |
| Q4 2023 | $0.99 | -2.0% | 2.17 B | -6.5% |
| Q3 2023 | $0.92 | +1.1% | 2.16 B | -0.6% |
| Q2 2023 | $0.87 | +14.5% | 2.19 B | +8.5% |
| *Growth on year-over-year basis | ||||
The business has scheduled a conference call on 18th October 2024 at 09:00 AM eastern time to discuss Q3 financial results.
Throughout the trading day, Fifth Third Bancorp (FITB) shares fluctuated between $44.83 and $45.42, with a trading volume of 3.65 million shares. The stock ended the regular trading session at $44.98, marking a rise of 0.74 percent.
