Wells Fargo (WFC) Surpasses Q2 Earnings and Revenue Estimates
WFCWells Fargo(WFC) ZACKS·2024-07-12 20:57

Wells Fargo (WFC) came out with quarterly earnings of 1.33pershare,beatingtheZacksConsensusEstimateof1.33 per share, beating the Zacks Consensus Estimate of 1.27 per share. This compares to earnings of 1.25pershareayearago.Thesefiguresareadjustedfornon−recurringitems.Thisquarterlyreportrepresentsanearningssurpriseof4.721.25 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.72%. A quarter ago, it was expected that this biggest U.S. mortgage lender would post earnings of 1.10 per share when it actually produced earnings of $1.26, delivering a surprise of 14.55%.Over the last four quarter ...