Earnings Season Watch List: Fifth Third Bancorp

By INVESTOR'S BUSINESS DAILY

Fifth Third Bancorp is trading within a buy range as it gets ready to report earnings on or around Oct. 19. The stock is 0% above a 43.16 buy point from a first-stage cup without handle.

Be aware that it's risky to buy any stock just before it reports. You can reduce your risk by waiting to see how the company reports and how the market reacts.

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Taking a look at top and bottom line numbers, the company has posted four quarters of increasing earnings growth. Revenue gains have also risen over the same time frame.

Analysts expect EPS growth of 7% for the quarter, and 33% growth for the full year. Earnings estimates for the full year were recently revised upward.

The company has a 96 Composite Rating and holds the No. 3 rank among its peers in the Banks-Super Regional industry group. SVB Financial is the No. 1-ranked stock within the group.

Note: Dates for earnings reports are subject to change. Check the company's website for any updates.


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