Recap: U.S. Bancorp Q2 Earnings

Shares of U.S. Bancorp USB moved higher by 3.2% in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share fell 62.39% over the past year to $0.41, which beat the estimate of $0.22.

Revenue of $5,814,000,000 rose by 0.33% from the same period last year, which beat the estimate of $5,540,000,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Details Of The Call

Date: Jul 15, 2020

Time: 09:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/xwtyhkni

Recent Stock Performance

52-week high: $61.11

52-week low: $28.36

Price action over last quarter: Up 15.17%

Company Overview

As a diversified financial-services provider, U.S. Bancorp is the nation's fifth- largest bank with branches in well over 20 states, primarily in the Western and Midwestern United States. The bank offers many services, including retail banking, commercial banking, trust and wealth services, credit cards, mortgages, and other payments capabilities.