The Q3 Earnings Season Kicks Off Positively
Wells Fargo(WFC) ZACKS·2024-10-12 07:16
The market liked what it saw in the quarterly releases from JPMorgan (JPM) and Wells Fargo (WFC) , even though Wells Fargo came up short on the top-line while JPMorgan beat both top- and bottom-line expectations.Even more important than the two banks’ Q3 EPS and revenue surprises is their favorable commentary on business trends and the economy's overall health. Questions about the economy’s outlook have been front and center for the market lately, with some in the market fearing that the Fed may have delaye ...