Recap: U.S. Bancorp Q1 Earnings

U.S. Bancorp 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

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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