How Will U.S. Bancorp (USB) Stock React to Q2 Earnings?

U.S. Bancorp (USB) will announce its earnings on Friday, July 15 before the market open.
By Rachel Aldrich ,

NEW YORK (TheStreet) -- Shares of U.S. Bancorp (USB) - Get Report  are down 0.07% to $40.64 this afternoon as the company prepares to release earnings for second quarter of 2016 on Friday, July 15 before the market open.

Analysts surveyed by Thomson Reuters are looking for earnings per share of 80 cents on revenue of $5.187 billion.

For the second quarter 2015, the company reported earnings of 80 cents per share on net income of $5.042 billion.

The Minnesota-based banking giant delivered a 1.3% positive earnings surprise for the first quarter of 2016, but the second quarter could face extreme pressure from macro concerns like Brexit.

Separately, TheStreet Ratings rated this stock as a "buy" with a ratings score of B.

The company's strengths can be seen in multiple areas, such as its revenue growth and expanding profit margins. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself.

You can view the full analysis from the report here: USB

Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author. 

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