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U.S. Bancorp Earnings, Revenue Beat in Q1 -Breaking

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© Reuters. U.S. Bancorp Revenue Beats in Q1

Investing.com – U.S. Bancorp announced on Thursday that the first quarter exceeded analysts’ expectations and that revenue was higher than expected.

U.S. Bancorp declared earnings per share (EPS) of $0.99 on $5.6B in revenue. Investing.com polled analysts and predicted EPS at $0.9511 for revenue of $5.58B.

U.S. Bancorp shares have fallen 9.9% since the start of the year. This is still down 20.39% from January 13’s 52-week high of $63.57. They are under-performing the S&P 500 which is down 6.71% from the start of the year.

U.S. Bancorp reports on other important earnings in the Financial sector this month

U.S. Bancorp reports on JPMorgan’s Wednesday earnings. JPMorgan reported an EPS of 2.63 for revenue of $30.72B. Forecasts were $2.7 for revenue of $30.33B.

Industrial Commercial Bank of China exceeded expectations March 30, with first quarterEPS of $0.7567 based on revenue of $35.21B. This compares to the forecast of EPS of $0.5946 based on revenue of $30.96B.

Keep up to date with all the earnings reports coming soon by visiting Investing.com’s earnings calendar

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