Categories AlphaGraphs, Earnings, Finance
U.S. Bancorp (USB) stock gains after Q2 earnings beat Street view
U.S. Bancorp (NYSE: USB) reported a decline in second-quarter earnings on flat revenues. The stronger-than-expected performance boosted investor sentiment and the bank’s stock gained during Wednesday’s premarket session.
Net income more than halved to $689 million or $0.41 per share from $1.82 billion or $1.09 per share in the second quarter of 2019. There was a 3% decline in net interest income to $3.22 billion, while revenues remained broadly unchanged at $5.84 billion, year-over-year. However, the results came in above analysts’ forecast.
U.S. Bancorp’s shares closed the last trading session at $36.29, down 1.5%. They made strong gains early Wednesday following the earnings report. The stock is down 39% since the beginning of the year and 34% in the past twelve months.
Most Popular
Important takeaways from Conagra Brands’ Q3 2025 report
Conagra Brands, Inc. (NYSE: CAG) has reported weaker-than-expected revenue and profit for the February quarter, with sales declining across all business segments amid softer demand and persistent supply challenges. The
Main takeaways from Lamb Weston’s (LW) Q3 2025 earnings report
Shares of Lamb Weston Holdings, Inc. (NYSE: LW) jumped 9% on Thursday after the company delivered better-than-expected results for the third quarter of 2025 and reaffirmed its outlook for the
Summary: Tesla (TSLA) reports Q1 2025 production, deliveries
Tesla Inc. (NASDAQ: TSLA) has announced results of vehicle production and deliveries for the first quarter of 2025. The company also provided data on the deployment of energy storage products
