Fifth Third rises on mixed Q2 numbers

Friday, July 21, 2017 9:50 AM | Michael Fowlkes

Morning News Leader

Fifth Third Bancorp (FITB) is up 2.5% Friday morning. The stock is moving higher in reaction to the company’s mixed second-quarter report. Fifth Third reported earnings of 46 cents per share, versus the consensus 42 cents. While earnings topped estimates, sales fell slightly short of the consensus at $1.50 billion versus the consensus $1.53 billion.

Fifth Third Bancorp (FITB) is a regional Midwest bank.

Cintas Corporation (CTAS) and SunTrust Banks, Inc. (STI) top the list of other companies with positive news today, while Colgate-Palmolive Company (CL) and General Electric Company (GE) top the list of companies with negative news.

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