Earnings Preview For U.S. Bancorp
Portfolio Pulse from Benzinga Insights
U.S. Bancorp (NYSE:USB) is set to release its quarterly earnings on October 16, 2024, with analysts estimating an EPS of $0.99. Investors are keen on both the earnings results and future guidance, as past performance shows market reactions are often driven by guidance. Despite a positive 52-week performance, past earnings beats have led to share price declines.
October 15, 2024 | 2:00 pm
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U.S. Bancorp is expected to report an EPS of $0.99 on October 16, 2024. Investors are focused on both the earnings results and the guidance for the next quarter. Historically, even when EPS beats estimates, the stock has seen price declines, indicating that guidance may play a crucial role in the stock's short-term movement.
The anticipation of U.S. Bancorp's earnings report is high, with a focus on both the EPS and future guidance. Historically, even when the company beats EPS estimates, the stock has experienced declines, suggesting that guidance is a significant factor for investors. The stock's positive 52-week performance may influence investor sentiment, but the short-term impact will likely depend on the guidance provided.
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