Workflow
U.S. Bancorp (USB) Q4 Earnings Top Estimates
USBU.S. Bancorp(USB) ZACKS·2025-01-16 13:56

Core Viewpoint - U.S. Bancorp reported quarterly earnings of 1.07pershare,exceedingtheZacksConsensusEstimateof1.07 per share, exceeding the Zacks Consensus Estimate of 1.06 per share, and showing an increase from 0.99pershareayearago,indicatingapositiveearningssurpriseof0.940.99 per share a year ago, indicating a positive earnings surprise of 0.94% [1][2] Financial Performance - The company posted revenues of 6.98 billion for the quarter ended December 2024, which was 0.56% below the Zacks Consensus Estimate, but up from 6.73billionyear−over−year[2]−Overthelastfourquarters,U.S.BancorphassurpassedconsensusEPSestimatesfourtimes,buthasonlytoppedconsensusrevenueestimatesonce[2]StockPerformance−U.S.Bancorpshareshaveincreasedapproximately6.46.73 billion year-over-year [2] - Over the last four quarters, U.S. Bancorp has surpassed consensus EPS estimates four times, but has only topped consensus revenue estimates once [2] Stock Performance - U.S. Bancorp shares have increased approximately 6.4% since the beginning of the year, outperforming the S&P 500's gain of 1.2% [3] Future Outlook - The company's earnings outlook is crucial for investors, with current consensus EPS estimates at 0.98 for the coming quarter and 4.32forthecurrentfiscalyear,alongsiderevenuesof4.32 for the current fiscal year, alongside revenues of 6.96 billion and $28.62 billion respectively [7] - The estimate revisions trend for U.S. Bancorp is currently favorable, resulting in a Zacks Rank 2 (Buy), suggesting that the shares are expected to outperform the market in the near future [6] Industry Context - The Banks - Major Regional industry, to which U.S. Bancorp belongs, is currently ranked in the top 28% of over 250 Zacks industries, indicating a strong industry performance potential [8]