Recap: U.S. Bancorp Q1 Earnings - U.S. Bancorp (NYSE:USB)

U.S. Bancorp USB reported its Q1 earnings results on Thursday, April 14, 2022 at 06:45 AM.

Here's what investors need to know about the announcement.

U.S. Bancorp beat estimated earnings by 5.32%, reporting an EPS of $0.99 versus an estimate of $0.94.

Revenue was up $125.00 million from the same period last year.

Last quarter the company missed on EPS by $0.03 which was followed by a 0.75% drop in the share price the next day.

Here's a look at U.S. Bancorp's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	1.10	1.16	1.14	0.96
EPS Actual	1.07	1.30	1.28	1.45
Revenue Estimate	5.75B	5.77B	5.62B	5.53B
Revenue Actual	5.66B	5.86B	5.76B	5.44B

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This article was generated by Benzinga's automated content engine and reviewed by an editor.