U.S. Bancorp Reports Record Revenue and Net Income for the Second Quarter of 2016
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Piper Jaffray Raises Price Target on U.S. Bancorp (USB) Following 2Q Report
July 18, 2016 8:23 AM EDTPiper Jaffray reiterated an Overweight rating on U.S. Bancorp (NYSE: USB), and raised the price target to $47.00 (from $46.00), following the company's 2Q earnings report. USB reported an operating EPS result of $0.82, ahead of estimates for $0.80. The beat was primarily attributed to stronger fee income across several business lines.... More
Nomura Securities Raises Price Target on U.S. Bancorp (USB) Following 2Q Report
July 18, 2016 7:06 AM EDTNomura Securities reiterated a Buy rating on U.S. Bancorp (NYSE: USB), and raised the price target to $44.00 (from $39.00), following the company's 2Q earnings report. USB reported core EPS of $0.82, better than the consensus estimate of $0.80. Management initiated 3Q16 guidance, which calls for greater than... More
U.S. Bancorp (USB) Tops Q2 EPS by 2c
July 15, 2016 6:46 AM EDTU.S. Bancorp (NYSE: USB) reported Q2 EPS of $0.83, versus the analyst estimate of $0.80. Revenue for the quarter came in at $5.45 billion versus the consensus estimate of $5.19 billion.
The second quarter of 2016 included notable items related to equity investments, legal and regulatory matters and charitable... More
