U.S. Bancorp Analysts Raise Their Forecasts After Q2 Earnings

U.S. Bancorp USB posted upbeat earnings for the second quarter but fell short of revenue expectations.The company reported second-quarter adjusted earnings per share of $1.11, beating the analyst consensus estimate of $1.07.Quarterly sales of $7.004 billion (+2% year over year) missed the Street view of $7.052 billion. On a GAAP basis, U.S. Bancorp registered revenues of $6.975 billion, missing the analyst consensus estimate of $7.052 billion."Year-over-year top-line revenue growth, coupled with our continu ...