Investing.com - Financial Markets Worldwide

U.S. Bancorp Earnings Beat, Revenue Misses In Q4

Published 01/20/2021, 06:49 AM
© Reuters. U.S. Bancorp Earnings Beat, Revenue Misses In Q4

Investing.com - U.S. Bancorp reported on Wednesday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.

U.S. Bancorp announced earnings per share of $0.95 on revenue of $5.75B. Analysts polled by Investing.com anticipated EPS of $0.9479 on revenue of $5.82B.

U.S. Bancorp shares are up 3.18% from the beginning of the year, still down 13.68% from its 52 week high of $55.69 set on February 12, 2020. They are outperforming the S&P 500 which is up 1.14% from the start of the year.

U.S. Bancorp follows other major Financial sector earnings this month

U.S. Bancorp's report follows an earnings beat by JPMorgan on Friday, who reported EPS of $3.79 on revenue of $30.16B, compared to forecasts EPS of $2.62 on revenue of $28.67B.

UnitedHealth had beat expectations on Wednesday with fourth quarter EPS of $2.52 on revenue of $65.47B, compared to forecast for EPS of $2.41 on revenue of $64.97B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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