Fifth Third Bancorp Q1 Adj. EPS $0.83, Sales $2.834B Miss $2.860B Estimate

Fifth Third Bancorp (NASDAQ:FITB) reported quarterly earnings of $0.83 per share which beat the analyst consensus estimate of $0.58 by 43.1 percent. This is a 13.7 percent increase over earnings of $0.73 per share from the same period last year. The company reported quarterly sales of $2.834 billion which missed the analyst consensus estimate of $2.860 billion by 0.92 percent. This is a 32.68 percent increase over sales of $2.136 billion the same period last year.