U.S. Bancorp Q2 Adj. EPS $1.12, Inline, Sales $7.17B Beat $7.15B Estimate
Portfolio Pulse from Benzinga Newsdesk
U.S. Bancorp reported Q2 earnings of $1.12 per share, in line with analyst estimates, and a 2.75% increase from last year. Quarterly sales were $7.17 billion, beating the estimate of $7.15 billion by 0.35% and marking a 19.92% increase from last year.
July 19, 2023 | 10:48 am
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POSITIVE IMPACT
U.S. Bancorp's Q2 earnings met expectations and sales exceeded estimates, indicating a positive financial performance.
U.S. Bancorp's Q2 earnings report shows a positive financial performance with earnings meeting expectations and sales exceeding estimates. This could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100