11:02 AM · 15 April 2020

BREAKING: US Bancorp follows other major financial sector earnings this month

US Bancorp (USB.US) reported first quarter earnings that missed analysts' forecasts and revenue that came above expectations.

Company reported earnings per share of $0.72 on revenue of $5.77B. Analysts expected EPS of $0.82 on revenue of $5.57B. US Bancorp had reported EPS of $0.9 on revenue of $5.67B in the previous quarter. Analysts are expecting EPS of $0.85 and revenue of $5.69B in the next quarter.

US Bancorp (USB.US) shares plunged 39.62% from January and are under-performing the S&P 500 which is down 12.29% year to date. Source: xStation5

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