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USB
Benzinga
32 days

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

1. USB posted Q2 earnings of $1.11 per share, beating estimates. 2. Quarterly sales of $7.004 billion missed consensus expectations. 3. Anticipated revenue growth for 2025 is 3%-5% compared to 2024. 4. Analysts raised price targets, maintaining positive outlook for USB. 5. USB shares dipped 1% to close at $45.21.

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FAQ

Why Neutral?

USB's earnings beat expectations, but revenue miss creates uncertainty, similar to past quarterly trends.

How important is it?

Earnings performance and analyst ratings are highly relevant for immediate price movement.

Why Short Term?

Short-term impacts are likely due to earnings reactions and guidance for next quarter.

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