U.S. Bancorp (USB) Scheduled to Post Earnings on Wednesday
U.S. Bancorp (NYSE:USB) will release its Q114 earnings data on Wednesday, April 16th. Analysts expect U.S. Bancorp to post earnings of $0.73 per share and revenue of $4.81 billion for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.
U.S. Bancorp (NYSE:USB) last posted its quarterly earnings results on Wednesday, January 22nd. The company reported $0.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.75 by $0.01. The company had revenue of $4.89 billion for the quarter, compared to the consensus estimate of $4.09 billion. During the same quarter in the previous year, the company posted $0.75 earnings per share. The company’s revenue for the quarter was down 4.4% on a year-over-year basis. On average, analysts expect U.S. Bancorp to post $3.14 EPS for the current fiscal year and $3.41 EPS for the next fiscal year.
U.S. Bancorp (NYSE:USB) opened at 40.61 on Tuesday. U.S. Bancorp has a 52-week low of $31.99 and a 52-week high of $43.66. The stock has a 50-day moving average of $41.97 and a 200-day moving average of $39.81. The company has a market cap of $74.014 billion and a P/E ratio of 13.50.
The company also recently announced a quarterly dividend, which is scheduled for Tuesday, April 15th. Stockholders of record on Monday, March 31st will be paid a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 2.27%. The ex-dividend date is Thursday, March 27th.
Several analysts have recently commented on the stock. Analysts at UBS AG raised their price target on shares of U.S. Bancorp from $45.00 to $47.00 in a research note on Tuesday, April 8th. On a related note, analysts at Raymond James raised their price target on shares of U.S. Bancorp from $47.00 to $49.00 in a research note on Friday, April 4th. Finally, analysts at Goldman Sachs downgraded shares of U.S. Bancorp from a “buy” rating to a “neutral” rating in a research note on Thursday, April 3rd. They now have a $45.00 price target on the stock. Eighteen analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. U.S. Bancorp has an average rating of “Hold” and an average price target of $41.69.
U.S. Bancorp (NYSE:USB) is a multi-state financial services holding company.
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