Company News: Wells Fargo (WFC) quarterly results beat analysts’ forecasts

Market news

12 January 2018

Company News: Wells Fargo (WFC) quarterly results beat analysts’ forecasts

Wells Fargo (WFC) reported Q4 FY 2017 earnings of $1.16 per share (versus $0.96 in Q4 FY 2016), beating analysts' consensus estimate of $1.03.

The company's quarterly revenues amounted to $22.050 bln (+2.2% y/y), missing analysts' consensus estimate of $22.638 bln.

WFC fell to $62.24 (-1.22%) in pre-market trading.

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