U.S. Bancorp (USB) Reports Q2 Earnings: What Key Metrics Have to Say

For the quarter ended June 2024, U.S. Bancorp (USB) reported revenue of $6.84 billion, down 4.2% over the same period last year. EPS came in at$ 0.98, compared to $1.12 in the year-ago quarter.The reported revenue represents a surprise of +0.35% over the Zacks Consensus Estimate of$ 6.81 billion. With the consensus EPS estimate being $0.96, the EPS surprise was +2.08%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their ...