Recap: U.S. Bancorp Q3 Earnings

U.S. Bancorp USB reported its Q3 earnings results on Friday, October 14, 2022 at 06:45 AM.

Here's what investors need to know about the announcement.

U.S. Bancorp beat estimated earnings by 0.85%, reporting an EPS of $1.18 versus an estimate of $1.17.

Revenue was up $432.00 million from the same period last year.

Last quarter the company beat on EPS by $0.01 which was followed by a 5.24% increase in the share price the next day.

Here's a look at U.S. Bancorp's past performance:

Quarter	Q2 2022	Q1 2022	Q4 2021	Q3 2021
EPS Estimate	1.08	0.94	1.10	1.16
EPS Actual	1.09	0.99	1.07	1.30
Revenue Estimate	5.88B	5.55B	5.75B	5.77B
Revenue Actual	5.98B	5.57B	5.66B	5.86B

To track all earnings releases for U.S. Bancorp visit their earnings calendar here.

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

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