FMP
Jan 27, 2023 5:03 PM - Davit Kirakosyan
U.S. Bancorp (NYSE:USB) shares gained more than 5% on Wednesday after the company reported its Q4 results, with EPS of $1.20 coming in better than the Street estimate of $1.12. Revenue was $6.37 billion, worse than the Street estimate of $6.62 billion.
According to the analysts at RBC Capital, the consumption of the Union Bank transaction, which bolsters the company’s balance sheet with high-quality, low-cost deposits, sets the company up to deliver better earnings growth due to the expected $900 million in pre-tax cost savings and the potential to generate revenue synergies.
The company’s profitability remains best in class with a ROA (return on assets) of 1.45% and an ROE (return on equity) of 15.9%. The analysts maintained their 2023 EPS estimate at $5.00 but revised their 2024 EPS estimate to $5.60 from $5.85.
Sep 11, 2023 1:38 PM - Rajnish Katharotiya
Price to Earnings is one of the key metrics use to value companies using multiples. The P/E ratio and other multiples are relative valuation metrics and they cannot be looked at in isolation. One of the problems with the P/E metric is the fact that if we are in the peak of a business cycle, earni...
Sep 11, 2023 1:49 PM - Rajnish Katharotiya
Price-to-Earnings ratio is a relative valuation tool. It is used by investors to find great companies at low prices. In this post, we will build a Python script to calculate Price Earnings Ratio for comparable companies. Photo by Skitterphoto on Pexels Price Earnings Ratio and Comparable Compa...
Oct 17, 2023 3:09 PM - Davit Kirakosyan
Shares of VMware (NYSE:VMW) witnessed a sharp drop of 12% intra-day today due to rising concerns about China's review of the company's significant sale deal to Broadcom. Consequently, Broadcom's shares also saw a dip of around 4%. Even though there aren’t any apparent problems with the proposed solu...