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Preview: US Bancorp's Earnings

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US Bancorp (NYSE:USB) releases its next round of earnings this Wednesday, January 20. Here is Benzinga's essential guide to US Bancorp's Q4 earnings report.

Net Income, Earnings, And Earnings Per Share

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Wall Street analysts see US Bancorp reporting earnings of $0.95 per share on revenue of $5.82 billion. In the same quarter last year, US Bancorp posted EPS of $1.08 on sales of $5.64 billion.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.

View more earnings on USB

If the company were to match the consensus estimate when it reports Wednesday, EPS would have fallen 12.04%. Revenue would be have grown 3.14% from the same quarter last year. Here is how the company's reported EPS has stacked up against analyst estimates in the past:

EPS Estimate

0.91

0.22

0.58

1.08

EPS Actual

0.99

0.41

0.72

1.08

Revenue Estimate

5.71 B

5.54 B

5.56 B

5.78 B

Revenue Actual

5.94 B

5.81 B

5.75 B

5.64 B

Stock Performance

Shares of US Bancorp were trading at $48.41 as of January 18. Over the last 52-week period, shares are down 11.94%. Given that these returns are generally negative, long-term shareholders are probably upset going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. US Bancorp is scheduled to hold the call at 09:00:00 ET and can be accessed here.

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