US Bancorp (USB) released earnings for its fourth quarter that advanced from the same period last year.
The company's bottom line totaled $1.43 billion, or $0.95 per share. This compares with $1.41 billion, or $0.90 per share, in last year's fourth quarter.
Analysts had expected the company to earn $0.95 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 1.4% to $5.75 billion from $5.67 billion last year.
US Bancorp earnings at a glance:
-Earnings (Q4): $1.43 Bln. vs. $1.41 Bln. last year.
-EPS (Q4): $0.95 vs. $0.90 last year.
-Analysts Estimate: $0.95
-Revenue (Q4): $5.75 Bln vs. $5.67 Bln last year.
For comments and feedback contact: editorial@rttnews.com