USB: Top Forecasters Lift Q3 Estimates As Results Near
What happened
U.S. Bancorp (USB) is expected to deliver stronger third-quarter results, according to Benzinga's preview. Analysts with the strongest forecasting track records on the Minneapolis-based lender have adjusted their estimates in the run-up to the report, which lands this week. Benzinga rates preview sentiment on the print as neutral.
The QL Read
USB's QuantLogix composite sits at 49/100 (Neutral) with the stock at $57.27, down 0.21% today. In a firm tape (S&P 500 +0.66%, VIX 15.29, XLF +0.73%), the neutral signal leaves the Q3 print and revised estimates as the near-term catalyst.
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