U.S. Bancorp reported quarterly EPS of $1.18, beating the Zacks Consensus Estimate of $1.14 by 4 cents and up from $1.03 a year ago. The result points to improving fundamentals for the bank, though the release contains no additional guidance or operational details. The earnings beat is modestly positive and may support the stock, but is unlikely to have a broad market impact.
U.S. Bancorp reported quarterly EPS of $1.18, beating the Zacks Consensus Estimate of $1.14 by 4 cents and up from $1.03 a year ago. The result points to improving fundamentals for the bank, though the release contains no additional guidance or operational details. The earnings beat is modestly positive and may support the stock, but is unlikely to have a broad market impact.
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moderately positive
Sentiment Score
0.35
Ticker Sentiment
