Fifth Third Bancorp (NASDAQ:FITB) Yearly Sales Target At $1655.7


The EPS projection of Fifth Third Bancorp (NASDAQ:FITB) for quarter ended 2016-09-30 is $0.41. A week before, the EPS forecast was $0.41 against target of $0.41, a month earlier. This estimate stood at $0.41 60 days earlier versus forecast of $0.41 90 days earlier, confirming a deviation of 0%.

Fifth Third Bancorp (NASDAQ:FITB) reported that 18 days ago, the positive EPS revisions were 0 and negative revisions at 7.

In last week, the per-share earnings was lowered 0 times and 0 times positively. In last 120, 60, 30 and 90 days the positive revisions were 2, 1, 0 and 2, respectively.

The downgrade of EPS estimates for Fifth Third Bancorp (NASDAQ:FITB) in the preceding 120, 60, 30 and 90 days were 7, 2, 0 and 4, in that order.

Earnings Surprises

As per the latest update, for the quarter closed 1, the EPS estimate of Fifth Third Bancorp (NASDAQ:FITB) was $0.41. This projection was computed after accounting 13 calls. As reported on 2016-04-21 the EPS was $0.37. The change was $0.03, demonstrating a percentage deviation of 8.82%. The projections confirmed a standard deviation of 0.02.

Quarterly Sales Estimates

For the fiscal 2017, the yearly sales target for Fifth Third Bancorp (NASDAQ:FITB) stands at $1655.7 and the median estimate at $1679.1. Almost 3 analysts announced their estimates.

The highest estimate is $1697 while the lowest target is $1591 showing standard deviation of 56.742%.

As many as 3 analysts released sales estimates reised in upside while 3 reduced sales estimates, demonstrating a deviation of 0.421%.

In last month, 3 revised sales number projection on upside while 3 lowered the sales target, demonstrating a deviation of 1.041%.

A quarter ago, 3 hiked sales estimations and 3 reduced sales forecast. Fifth Third Bancorp (NASDAQ:FITB) stated that the change in forecast was -0.154%.

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