U.S. Bancorp tops Q2 earnings estimate

Minneapolis-based U.S. Bancorp (USB) reported Q2 profit that beat analysts estimate. Revenue, however, didn’t meet the consensus estimate. During the quarter, the company reported earnings of $1.02 a share, topping analysts’ estimate of $1.00. Revenue came in at $5.64 billion. The increase in net income on a year-over-year basis was primarily due to total net … Continue reading U.S. Bancorp tops Q2 earnings estimate