Fifth Third Earnings Estimate

FITB -  USA Stock  

USD 35.78  0.24  0.67%

Many public companies, such as Fifth Third, manage the perception of their earnings on regular basis to make sure that analyst estimates are accurate. Future earnings calculations are essential input when attempting to value a firm.
Fifth Third is projected to generate 3.484 in earnings per share on 31st of December 2021. Fifth Third earnings estimates module stress-tests analyst consensus about projected Fifth Third Bancorp EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Please check Investing Opportunities.

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The current year Gross Profit is expected to grow to about 7.1 B. The current year Profit Margin is expected to grow to 0.25
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Fifth Third Earnings Estimation Breakdown

Calculation of earning per share of Fifth Third Bancorp is based on official Zacks consensus of 9 analysts regarding Fifth Third future annual earnings. Given the historical accuracy of 88.39%, the future earnings per share of Fifth Third is estimated to be 3.484 with the lowest and highest values of 3.34 and 3.67, respectively. Please note that this consensus of annual earnings estimates for Fifth Third Bancorp is an estimate of EPS before non-recurring items and including employee stock options expenses
Current EPS
2.72
26th of July 2021
3.34
Lowest
Estimated EPS
3.484
3.67
Highest

Fifth Third Earnings Projection Consensus

Suppose the current estimates of Fifth Third's value are higher than the current market price of the Fifth Third stock. In this case, investors may conclude that Fifth Third is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Fifth Third's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyCurrent EPSEPS Estimate for 31st of December 2021

9

88.39%

2.72

3.484

Fifth Third Earnings History

Earnings estimate consensus by Fifth Third Bancorp analysts from Wall Street is used by the market to judge Fifth Third's stock performance. The investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Fifth Third's upcoming profit reports and earnings-per-share forecasts but also compare them to our different valuation methods.

Fifth Third Quarterly Earnings Before Interest Taxes and Depreciation Amortization EBITDA

1 BillionShare
Fifth Third Earning Before Interest and Taxes EBIT is projected to increase significantly based on the last few years of reporting. The past year's Earning Before Interest and Taxes EBIT was at 1.8 Billion. The current year Earnings per Basic Share is expected to grow to 2.15, whereas Accumulated Retained Earnings Deficit are forecasted to decline to about 17 B. As of July 26, 2021, Weighted Average Shares is expected to decline to about 708.7 M. In addition to that, Weighted Average Shares Diluted is expected to decline to about 718.3 M.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Fifth Third's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Fifth Third in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
33.8035.7037.60
Details
Intrinsic
Valuation
LowReal ValueHigh
32.2038.4040.30
Details
16 Analysts
Consensus
LowTarget PriceHigh
22.0039.5548.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Fifth Third. Your research has to be compared to or analyzed against Fifth Third's peers to derive any actionable benefits. When done correctly, Fifth Third's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Fifth Third Bancorp. Note that many institutional investors and large investment bankers can move markets due to the volume of Fifth assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards Fifth Third. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving Fifth stock price in the short term.

Fifth Third Earnings per Share Projection vs Actual

Actual Earning per Share of Fifth Third refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Fifth Third Bancorp predict the company's earnings will be in the future. The higher the earnings per share of Fifth Third, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Fifth Third Estimated Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Fifth Third, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Fifth Third should always be considered in relation to other companies to make a more educated investment decision.

Fifth Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Fifth Third's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2021-07-22
2021-06-300.81090.97760.166720 
2021-04-20
2021-03-310.69690.94550.248635 
2021-01-21
2020-12-310.67630.880.203730 
2020-10-22
2020-09-300.58550.850.264545 
2020-07-23
2020-06-300.23970.30.060325 
2020-04-21
2020-03-310.47080.680.209244 
2020-01-22
2019-12-310.72590.68-0.0459
2019-10-22
2019-09-300.73360.750.0164
2019-07-23
2019-06-300.65950.710.0505
2019-04-23
2019-03-310.59430.630.0357
2019-01-22
2018-12-310.66570.690.0243
2018-10-23
2018-09-300.62530.640.0147
2018-07-19
2018-06-300.57210.630.057910 
2018-04-24
2018-03-310.47880.570.091219 
2018-01-23
2017-12-310.47720.385-0.092219 
2017-10-24
2017-09-300.47760.480.0024
2017-07-21
2017-06-300.42490.450.0251
2017-04-25
2017-03-310.3730.380.007
2017-01-24
2016-12-310.43530.490.054712 
2016-10-20
2016-09-300.64750.650.0025
2016-07-28
2016-06-300.37610.40.0239
2016-04-21
2016-03-310.34570.40.054315 
2016-01-21
2015-12-310.40230.410.0077
2015-10-20
2015-09-300.40.450.0512 
2015-07-21
2015-06-300.390.36-0.03
2015-04-21
2015-03-310.370.440.0718 
2015-01-21
2014-12-310.420.430.01
2014-10-16
2014-09-300.430.39-0.04
2014-07-17
2014-06-300.430.490.0613 
2014-04-17
2014-03-310.410.36-0.0512 
2014-01-23
2013-12-310.420.430.01
2013-10-17
2013-09-300.410.410
2013-07-18
2013-06-300.420.650.2354 
2013-04-18
2013-03-310.390.460.0717 
2013-01-17
2012-12-310.410.430.02
2012-10-18
2012-09-300.380.40.02
2012-07-19
2012-06-300.350.40.0514 
2012-04-19
2012-03-310.370.36-0.01
2012-01-20
2011-12-310.360.34-0.02
2011-10-20
2011-09-300.330.40.0721 
2011-07-21
2011-06-300.270.350.0829 
2011-04-21
2011-03-310.260.1-0.1661 
2011-01-19
2010-12-310.240.330.0937 
2010-10-21
2010-09-300.170.220.0529 
2010-07-22
2010-06-300.020.160.14700 
2010-04-22
2010-03-31-0.18-0.090.0950 
2010-01-21
2009-12-31-0.31-0.20.1135 
2009-10-22
2009-09-30-0.17-0.2-0.0317 
2009-07-23
2009-06-30-0.341.151.49438 
2009-04-23
2009-03-31-0.27-0.040.2385 
2009-01-22
2008-12-310.01-3.82-3.8338300 
2008-10-21
2008-09-300.18-0.14-0.32177 
2008-07-22
2008-06-30None-0.37None
2008-04-22
2008-03-310.480.550.0714 
2008-01-22
2007-12-310.270.07-0.274 
2007-10-19
2007-09-300.680.61-0.0710 
2007-07-19
2007-06-300.670.690.02
2007-04-19
2007-03-310.650.650
2007-01-18
2006-12-310.070.120.0571 
2006-10-19
2006-09-300.670.680.01
2006-07-20
2006-06-300.660.690.03
2006-04-18
2006-03-310.640.650.01
2006-01-17
2005-12-310.630.6-0.03
2005-10-18
2005-09-300.710.710
2005-07-14
2005-06-300.740.750.01
2005-04-14
2005-03-310.730.730
2005-01-18
2004-12-310.290.310.02
2004-10-14
2004-09-300.80.830.03
2004-07-15
2004-06-300.790.790
2004-04-15
2004-03-310.750.750
2004-01-15
2003-12-310.790.80.01
2003-10-14
2003-09-300.770.770
2003-07-15
2003-06-300.740.750.01
2003-04-15
2003-03-310.720.720
2003-01-15
2002-12-310.720.720
2002-10-15
2002-09-300.70.70
2002-07-16
2002-06-300.680.680
2002-04-16
2002-03-310.660.660
2002-01-15
2001-12-310.650.650
2001-10-16
2001-09-300.610.620.01
2001-07-16
2001-06-300.580.580
2001-04-16
2001-03-310.510.510
2001-01-16
2000-12-310.50.50
2000-10-16
2000-09-300.480.480
2000-07-14
2000-06-300.460.460
2000-04-14
2000-03-310.440.440
2000-01-14
1999-12-310.430.430
1999-10-15
1999-09-300.410.410
1999-07-15
1999-06-300.380.390.01
1999-04-15
1999-03-310.370.370
1999-01-15
1998-12-310.360.370.01
1998-10-15
1998-09-300.340.350.01
1998-07-15
1998-06-300.320.330.01
1998-04-15
1998-03-310.310.310
1998-01-15
1997-12-310.30.30
1997-10-15
1997-09-300.290.290
1997-07-15
1997-06-300.270.270
1997-04-15
1997-03-310.260.260
1997-01-15
1996-12-310.260.260
1996-10-15
1996-09-300.250.250
1996-07-15
1996-06-300.230.240.01
1996-04-15
1996-03-310.230.230

About Fifth Third Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Fifth Third earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Fifth Third estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Fifth Third fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.
Last ReportedProjected for 2021
Accumulated Retained Earnings Deficit18.4 B17 B
Earning Before Interest and Taxes EBIT1.8 B2.3 B
Earnings per Basic Share 1.84  2.15 
Earnings per Diluted Share 1.83  2.13 
Price to Earnings Ratio 14.98  12.92 
Earnings Before Interest Taxes and Depreciation Amortization EBITDA2.3 B2.8 B
Earnings before Tax1.8 B2.3 B
Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio, and the indirect parent company of Fifth Third Bank, National Association, a federally chartered institution. Fifth Thirds common stock is traded on the NASDAQ Global Select Market under the symbol FITB. Fifth Third operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 19819 people.

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Please check Investing Opportunities. Note that the Fifth Third Bancorp information on this page should be used as a complementary analysis to other Fifth Third's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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The market value of Fifth Third Bancorp is measured differently than its book value, which is the value of Fifth that is recorded on the company's balance sheet. Investors also form their own opinion of Fifth Third's value that differs from its market value or its book value, called intrinsic value, which is Fifth Third's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fifth Third's market value can be influenced by many factors that don't directly affect Fifth Third Bancorp underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fifth Third's value and its price as these two are different measures arrived at by different means. Investors typically determine Fifth Third value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fifth Third's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.