US Bancorp (USB) released a profit for third quarter that fell from the same period last year.
The company's earnings totaled $1.49 billion, or $0.99 per share. This compares with $1.82 billion, or $1.15 per share, in last year's third quarter.
Analysts had expected the company to earn $0.91 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 0.7% to $5.96 billion from $5.92 billion last year.
US Bancorp earnings at a glance:
-Earnings (Q3): $1.49 Bln. vs. $1.82 Bln. last year.
-EPS (Q3): $0.99 vs. $1.15 last year.
-Analysts Estimate: $0.91
-Revenue (Q3): $5.96 Bln vs. $5.92 Bln last year.
For comments and feedback: editorial@rttnews.com