Will U.S. Bancorp (USB) Beat Estimates Again in Its Next Earnings Report?

Core Viewpoint - U.S. Bancorp (USB) is positioned well to continue its trend of beating earnings estimates, supported by a solid history of performance and positive analyst sentiment [1][5]. Earnings Performance - In the most recent quarter, U.S. Bancorp reported earnings of $1.07 per share, exceeding the expected $1.06, resulting in a surprise of 0.94% [2]. - For the previous quarter, the company reported $1.03 per share against an expectation of $1, achieving a surprise of 3% [2]. Earnings Estimates and Predictions - Estimates for U.S. Bancorp have been trending higher, indicating growing analyst confidence in its earnings potential [5]. - The company currently has an Earnings ESP (Expected Surprise Prediction) of +1.57%, suggesting a likelihood of another earnings beat [8]. Zacks Rank and Earnings ESP - U.S. Bancorp holds a Zacks Rank of 3 (Hold), which, when combined with a positive Earnings ESP, indicates a strong potential for a positive earnings surprise [8]. - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 or better have a nearly 70% chance of beating consensus estimates [6]. Upcoming Earnings Report - The next earnings report for U.S. Bancorp is anticipated to be released on April 16, 2025 [8].