• Company News: Wells Fargo (WFC) posts Q2 financials in line with analysts' estimates

Market news

15 July 2016

Company News: Wells Fargo (WFC) posts Q2 financials in line with analysts' estimates

Wells Fargo reported Q2 FY 2016 earnings of $1.01 per share (versus $1.03 in Q2 FY 2015), in-line with analysts' consensus estimate of $1.01.

The company's quarterly revenues amounted to $22.162 bln (+4% y/y), generally in-line with consensus estimate of $22.092 bln.

WFC fell to $48.45 (-1.00%) in pre-market trading.

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