Fifth Third's expected profit per share falls from 91 cents to 82 cents, but expected sales rise from $2.31 billion to $3.34 billion. Its $1.68 annual dividend is unchanged, and the article reports no actual results or business effect from the new bank chief, so it does not change the company's outlook.
The estimates point in different directions. Analysts expect profit per share to fall from 91 cents to 82 cents, but expect sales to rise from $2.31 billion to $3.34 billion. The article reports no actual Q3 results or dividend change. It also names a new head of the Commercial Bank without describing a business effect.
Follow Fifth Third Bancorp (FITB) free. When we publish a story about it, you get the plain-English explanation as an alert.
Get alerts for FITB