RTTNews | Oct 14, 2020 06:50AM EDT

06:50 Wednesday, October 14, 2020 (RTTNews.com) - US Bancorp (USB) released a profit for third quarter that fell from the same period last year.

The company's earnings totaled $1.49 billion, or $0.99 per share. This compares with $1.82 billion, or $1.15 per share, in last year's third quarter.

Analysts had expected the company to earn $0.91 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 0.7% to $5.96 billion from $5.92 billion last year.

US Bancorp earnings at a glance:

-Earnings (Q3): $1.49 Bln. vs. $1.82 Bln. last year.-EPS (Q3): $0.99 vs. $1.15 last year.-Analysts Estimate: $0.91-Revenue (Q3): $5.96 Bln vs. $5.92 Bln last year.

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