U.S. Bancorp(US:USB) ZACKS·2025-04-10 13:25Company Overview - U.S. Bancorp (USB) shares increased by 8% to close at $39.30, following a period of 12.4% loss over the past four weeks, indicating a significant recovery in stock performance [1] - The company is expected to report quarterly earnings of $0.99 per share, reflecting a year-over-year increase of 10%, with revenues projected at $6.92 billion, up 3.6% from the previous year [3] Market Impact - The price surge was influenced by President Donald Trump's announcement on April 9, 2025, regarding a 90-day suspension of reciprocal tariffs for most trading partners, excluding China, which alleviated concerns about trade wars and improved the economic outlook [2] - Despite the recent price increase, the consensus EPS estimate for U.S. Bancorp has been revised 1.7% lower in the last 30 days, suggesting caution as negative trends in earnings estimate revisions typically do not lead to price appreciation [4] Industry Context - U.S. Bancorp operates within the Zacks Banks - Major Regional industry, where another company, Northern Trust Corporation (NTRS), also experienced a price increase of 10.4% to close at $93.27, although it has seen a return of -13.4% over the past month [4] - Northern Trust's consensus EPS estimate for the upcoming report has decreased by 1.4% to $1.85, which is still an 8.8% increase compared to the previous year [5]