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Benzinga
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U.S. Bancorp Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

1. USB to report Q1 earnings on April 16, projected at 98 cents per share. 2. Quarterly revenue expected at $6.91 billion, up from $6.68 billion last year. 3. USB launched a Spend Management platform for businesses to manage expenditures. 4. USB shares rose 1.1% to $38.63 on Tuesday. 5. Analysts show mixed ratings for USB with price targets adjusted downwards.

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FAQ

Why Neutral?

The earnings forecast is slightly positive, yet analyst ratings indicate uncertainty. Recent price adjustments signal cautious investor sentiment.

How important is it?

The earnings report can influence price actions but mixed analyst views temper expectations. Short-term price movements could result from earnings but the overall impact may not be profound.

Why Short Term?

The upcoming earnings report will be closely watched but fluctuations will be immediate. Historical trends often show short-term reactions post-earnings announcements.

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