© Reuters. U.S. Bancorp Earnings, Revenue Beat in Q3
Investing.com – U.S. Bancorp reported on Friday third quarter that beat analysts’ forecasts and revenue that topped expectations.
U.S. Bancorp announced earnings per share of $1.18 on revenue of $6.30. Analysts polled by Investing.com anticipated EPS of $1.13 on revenue of $6.25B.
U.S. Bancorp shares are down 30% from the beginning of the year, still down 34.92% from its 52 week high of $63.57 set on January 13.
U.S. Bancorp follows other major Financial sector earnings this month
U.S. Bancorp’s report follows an earnings beat by JPMorgan on Friday, who reported EPS of $3.12 on revenue of $32.7B, compared to forecasts EPS of $2.92 on revenue of $32.11B.
Wells Fargo&Co had beat expectations on Friday with third quarter EPS of $1.3 on revenue of $19.51B, compared to forecast for EPS of $1.1 on revenue of $18.75B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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