Investors optimism about the companys current quarter earnings report is understandable. The company was joined by JPMorgan Chase and Goldman Sachs as the trio kicked off this.
Now Is Not The Time To Dump Wells Fargo Nyse Wfc Seeking Alpha
Shares of Wells Fargo Co.
Wells fargo stock earnings. Earnings History 6292020 9292020 12302020 3302021. 1806 billion versus 175 billion expected. After a nearly 60 run-up this year the bank shares arent the bargain they used to.
Wells Fargo Q1 Earnings Beat on Fee Income Growth Solid mortgage and capital markets performance supported Wells Fargos first-quarter 2021 earnings of 105 per share which surpassed the Zacks. Wells Fargo Company whose market valuation is 19564 Billion at the time of this writing is expected to release its quarterly earnings report on July 14 2021. Net income in its first-quarter earnings was 653 million and diluted earnings per share was 1 cent.
Successful cost saving initiatives and unexpected release of reserves supported Wells Fargo s WFC fourth-quarter 2020 earnings of 64 cents per share which surpassed the Zacks Consensus Estimate. Wells Fargo started off lower on the day but shares have risen almost 6 after the company reported earnings. Wells Fargo Earnings In April Wells Fargo posted EPS of 105 an increase 77 vs.
The same period a year ago. The dividend yield on the company stock is 084 while its Forward Dividend ratio is 04. Wells Fargo Quarterly Earnings.
Wells Fargo results were helped by. Stock price and dividends. The information could be out of date and no longer accurate.
Investor Relations Call 1-415-371-2921 Email. Wells Fargo stock traded down about 3. Shares of Wells Fargo fell in premarket trading on Friday following the earnings release.
It also crushed Wall Street views for earnings of 69 cents cents. UBS Securities downgraded Wells Fargo stock to Neutral from Buy. WFC 520 enjoyed a rare post-earnings gain and it happens to be the biggest in a decade after the bank reported first-quarter profit and revenue.
Wells Fargo Company NYSEWFC. They were down 521 at 3294 in regular trading. A month has gone by since the last earnings report for Wells Fargo WFC Quick Quote WFC - Free Report Shares have added about 99 in that time frame outperforming the SP 500.
4 rows Find the latest Earnings Report Date for Wells Fargo Company Common Stock WFC at. 18 hours agoAnalyst Downgrades Wells Fargo but Lifts Price Target The bank now trades at a premium to peers in terms of price-to-earnings ratio based on 2022 earnings estimates he says. SEC and other filings.
The consensus price target as assigned by Wall Street analysts is 479 which translates to bears needing to increase their stock price by 222 from its current value. Wells Fargo Company is expected to report earnings per share of 091 for the current quarter. Wells Fargo Company WFC missed earnings per share EPS estimates in each of the past four quarters.
17 hours agoCurrently Wells Fargo trades at 139 times 2022 estimated earnings a premium to most banks UBS covers. 105 in earnings per share versus 70 cents a share expected according to Refinitiv. Print Information contained in a quarterly earnings release speaks only as of the date of the release.
The stock bottomed at 2200 on May 13 but its. Wells Fargo is a. Wells Fargo has close to 2 trillion in assets.
Wells Fargo Quarterly Earnings.