U.S. Bancorp (USB) Reports Q3 Earnings: What Key Metrics Have to Say

For the quarter ended September 2024, U.S. Bancorp (USB) reported revenue of $6.83 billion, down 2.4% over the same period last year. EPS came in at$ 1.03, compared to $1.05 in the year-ago quarter.The reported revenue represents a surprise of -0.68% over the Zacks Consensus Estimate of$ 6.88 billion. With the consensus EPS estimate being $1.00, the EPS surprise was +3.00%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine t ...