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Benzinga
Benzinga
Business
Nabaparna Bhattacharya

U.S. Bancorp Nails Q2 Profits But Stock Dips On Revenue Miss

U.S. Bancorp

U.S. Bancorp (NYSE:USB) edged past earnings estimates in the second quarter but fell short of revenue expectations, causing its shares to decline in Thursday’s premarket trade.

The company reported second-quarter adjusted earnings per share of $1.11, beating the analyst consensus estimate of $1.07.

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