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
Key metrics from Kroger’s (KR) Q3 2025 earnings results
The Kroger Co. (NYSE: KR) reported its third quarter 2025 earnings results today. Total company sales rose to $33.9 billion from $33.6 billion in the same period last year. Identical
Dollar General (DG) Q3 2025 Earnings: Key financials and quarterly highlights
Dollar General Corporation (NYSE: DG) reported its third quarter 2025 earnings results today. Net sales increased 4.6% year-over-year to $10.65 billion. Same-store sales increased 2.5%. Net income was $282.7 million, or
HRL Earnings: All you need to know about Hormel Foods’ Q4 2025 earnings results
Hormel Foods Corporation (NYSE: HRL) reported its fourth quarter 2025 earnings results today. Net sales increased 1.5% year-over-year to $3.18 billion. Organic sales were up 2%. Net loss attributable to Hormel
