The third quarter financial results of U.S. Bancorp (NYSE: USB) will be revealed on Wednesday 16th October 2024. The big news will come out before market open, so investors can learn more about how the company is doing financially.
the business is expected to report an estimated per share $0.99 profit for the quarter, as predicted by financial analysts on Wall Street. Furthermore, the company is anticipated to disclose a total revenue of $6.9 billion during this period.
The earnings report for the corresponding quarter of the prior year unveiled a per-share income of $1.05. This was a direct result of the company's total revenue, which amounted to an impressive $7 billion during that specific period.
Wall Street analysts have unveiled their forecasts for the company's yearly performance, estimating a total revenue of $27.4 billion. Additionally, they expect the company to reach profit of $3.9 per share for the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.98 | -12.5% | 6.84 B | -4.2% |
| Q1 2024 | $0.90 | -22.4% | 6.69 B | -6.4% |
| Q4 2023 | $0.99 | -17.5% | 6.73 B | +6.2% |
| Q3 2023 | $1.05 | -11.0% | 7.00 B | +11.2% |
| Q2 2023 | $1.12 | +2.8% | 7.14 B | +19.4% |
| *Growth on year-over-year basis | ||||
The business has scheduled a conference call on 16th October 2024 at 08:00 AM eastern time to discuss Q3 financial results.
U.S. Bancorp (USB) closed Monday's regular trading session at $47.12, indicating a 1.86 percent increase, with a volume of 8.17 million shares.
