U.S. Bancorp (NYSE:USB) reported its Q1 earnings results on Thursday, April 14, 2022 at 06:45 AM.
Here’s what investors need to know about the announcement.
Earnings
U.S. Bancorp beat estimated earnings by 5.32%, reporting an EPS of $0.99 versus an estimate of $0.94.
Revenue was up $125.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.03 which was followed by a 0.75% drop in the share price the next day.
Here’s a look at U.S. Bancorp’s past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.10 | 1.16 | 1.14 | 0.96 |
| EPS Actual | 1.07 | 1.30 | 1.28 | 1.45 |
| Revenue Estimate | 5.75B | 5.77B | 5.62B | 5.53B |
| Revenue Actual | 5.66B | 5.86B | 5.76B | 5.44B |
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This article was generated by Benzinga’s automated content engine and reviewed by an editor.
