MINNEAPOLIS (dpa-AFX) - US Bancorp (USB) announced earnings for its third quarter that Increased, from the same period last year and beat the Street estimates.
The company's bottom line came in at $1.893 billion, or $1.22 per share. This compares with $1.601 billion, or $1.03 per share, last year.
Analysts on average had expected the company to earn $1.12 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 2.1% to $4.222 billion from $4.135 billion last year.
US Bancorp earnings at a glance (GAAP) :
-Earnings: $1.893 Bln. vs. $1.601 Bln. last year. -EPS: $1.22 vs. $1.03 last year. -Revenue: $4.222 Bln vs. $4.135 Bln last year.
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