Fifth Third Bancorp (NASDAQ:FITB) reported its Q1 earnings results on Thursday, April 20, 2023 at 06:30 AM.
Here’s what investors need to know about the announcement.
Earnings
Fifth Third Bancorp missed estimated earnings by 1.27%, reporting an EPS of $0.78 versus an estimate of $0.79.
Revenue was up $328.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01 which was followed by a 2.88% increase in the share price the next day.
Here’s a look at Fifth Third Bancorp’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 1 | 0.98 | 0.88 | 0.69 |
| EPS Actual | 1.01 | 0.91 | 0.76 | 0.68 |
| Revenue Estimate | 2.33B | 2.20B | 2.07B | 1.94B |
| Revenue Actual | 2.32B | 2.17B | 2.02B | 1.88B |
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.
