US Bancorp Earnings, Revenue Beat in Q3


© Reuters. US Bancorp Earnings, Revenue Beat in Q3

biedex.com – US Bancorp (NYSE:) reported on Wednesday third quarter that beat analysts’ forecasts and revenue that topped expectations.

US Bancorp announced earnings per share of $0.99 on revenue of $5.96B. Analysts polled by biedex.com anticipated EPS of $0.88 on revenue of $5.69B.

US Bancorp shares are down 35.2% from the beginning of the year, still down 37.13% from its 52 week high of $61.11 set on December 16, 2019. They are under-performing the which is up 8.7% from the start of the year.

US Bancorp follows other major Financial sector earnings this month

US Bancorp’s report follows an earnings beat by UnitedHealth on Wednesday, who reported EPS of $3.51 on revenue of $65.12B, compared to forecasts EPS of $3.09 on revenue of $63.77B.

JPMorgan had beat expectations on Tuesday with third quarter EPS of $2.92 on revenue of $29.94B, compared to forecast for EPS of $2.23 on revenue of $28.22B.

Stay up-to-date on all of the upcoming earnings reports by visiting biedex.com’s earnings calendar

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