Pre Q2 Earnings: How Should You Play Wells Fargo (WFC)?
Wells Fargo(WFC) ZACKS·2024-07-11 01:31
Wells Fargo & Company (WFC) is slated to report second-quarter 2024 results on Jul 12, before the market opens. WFC has an impressive earnings surprise history. The company’s earnings outpaced the Zacks Consensus Estimate in each of the trailing four quarters, with an earnings surprise of 11.42%, on average.Image Source: Zacks Investment ResearchThis time, decent loan demand, higher rates, and modest mortgage banking performance are expected to aid the top line. In contrast, weakness in the company’s invest ...