Fifth Third Bancorp Earnings Preview: Revenue, Earnings Expected to Fall from Previous Quarter

Fifth Third Bancorp FITB earnings are coming up! Don't miss out: The company unveils its next round of earnings this Thursday, July 21, 2011.

Want to know what analysts are expecting to see in Fifth Third Bancorp's lastest earnings numbers? We thought so. Here's an advanced look at the company's second quarter earnings report.

Let's Do the Numbers:

Analysts are predicting a positive EPS reading of 27 cents per share and revenues of $1.48 billion. We'll have to wait for Thursday to see if Fifth Third Bancorp reports a decline in EPS and a boost in revenue from the year-ago quarter, as analysts are predicting.

Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter	Q1	Q4	Q3	Q2
EPS Estimate	$0.27	$0.25	$0.17	$0.02
EPS Actual	$0.10	$0.33	$0.22	$0.16

Stock Performance:

As of July 15, 2011, Fifth Third Bancorp's current share price was $12.05. Shares are down 17.2% year to date. For a full 12 months, the return has declined by 4.7%. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release.

• Long-term shareholders are already wary of 12-month losses prior to the announcement

Average Stock Rating:

The average rating by analysts for Fifth Third Bancorp is a Moderate Buy. The strength of this rating has risen over the past three months.

Competitors:

Want to check out the performance of Fifth Third Bancorp closest competitors? Take a look at some of the company's peers in the financials sector.

• Bank of America BAC: Hold with a $0.17 recent quarter EPS
• FirstMerit FMER: Hold with a $0.25 recent quarter EPS
• Huntington Bancshares HBAN: Moderate Buy with a $0.13 recent quarter EPS
• JPMorgan Chase JPM: Moderate Buy with a $1.27 recent quarter EPS

Finally, a description of the main business areas of the company, in case you need a little refresher: Fifth Third Bancorp is a diversified financial services company which conducts its lending, deposit gathering, transaction processing and service advisory activities through its subsidiaries.

Take Action:

Now that you're fully prepared, get ready to take quick action if the company reports any numbers significantly different from those listed above. Also, check back in with us after the announcement for a full recap and what-to-do-next guide.

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