Recap: U.S. Bancorp Q2 Earnings

U.S. Bancorp (NYSE:USB) reported its Q2 earnings results on Friday, July 15, 2022 at 06:45 AM.

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

U.S. Bancorp missed estimated earnings by 8.33%, reporting an EPS of $0.99 versus an estimate of $1.08.

Revenue was up $227.00 million from the same period last year.

Last quarter the company beat on EPS by $0.05 which was followed by a 4.15% increase in the share price the next day.

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

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.94	1.10	1.16	1.14
EPS Actual	0.99	1.07	1.30	1.28
Revenue Estimate	5.55B	5.75B	5.77B	5.62B
Revenue Actual	5.57B	5.66B	5.86B	5.76B

To track all earnings releases for U.S. Bancorp visit their earnings calendar here.

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

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