US Bancorp Earnings Preview
Investors are on the edge of their collective seats, hoping that US Bancorp (NYS: USB) will top analyst expectations for the fifth consecutive quarter. The company will unveil its latest earnings on Wednesday. US Bancorp is a financial holding company that provides financial services through its subsidiaries, including lending and depository services, cash management, foreign exchange and trust and investment management services.
What analysts say:
- Buy, sell, or hold?: Analysts are bullish on this stock with 15 analysts rating it as a buy and only two rating it as a sell. Analysts like US Bancorp better than competitor Goldman Sachs Group overall. Wall Street has warmed to the stock over the past three months, with analysts increasing their endorsement from hold to moderate buy.
- Revenue forecasts: On average, analysts predict $4.7 billion in revenue this quarter. That would represent a rise of 2.4% from the year-ago quarter.
- Wall Street earnings expectations: The average analyst estimate is earnings of $0.61 per share. Estimates range from $0.54 to $0.64.
What our community says:
CAPS All-Stars are solidly backing the stock with 94.8% granting it an outperform rating. The community at large agrees with the All-Stars with 93.5% assigning it a rating of "outperform." Fools are bullish on US Bancorp and haven't been shy with their opinions lately, logging 736 posts in the past 30 days. Even with a robust four out of five stars, US Bancorp's CAPS rating falls a little short of the community's upbeat outlook.
US Bancorp's profit has risen year over year by an average of 48.6% over the past five quarters. Revenue has now gone up for three straight quarters.
We can help you keep tabs on your companies with My Watchlist, our free, personalized service. Add US Bancorp now.
Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
At the time this article was published
Copyright © 1995 - 2011 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.