U.S. Bancorp Stock Pops on Q2 Earnings Beat

U.S. Bancorp (USB) shares surged in intraday trading Wednesday after the bank holding company's secondquarter results beat analysts' expectations on the top and bottom lines. Do you have a news tip for Investopedia reporters? Please email us at U.S. Bancorp reported second-quarter earnings per share (EPS) of $0.97 on revenue of $6.87 billion, beating analysts' estimates. CEO Andy Cecere cited "improved linked quarter net interest income." Shares advanced 5% in intraday trading Wednesday. "This quarter we ge ...