Company News: Wells Fargo (WFC) Q3 earnings miss analysts’ estimate

Market news

12 October 2018

Company News: Wells Fargo (WFC) Q3 earnings miss analysts’ estimate

Wells Fargo (WFC) reported Q3 FY 2018 earnings of $1.13 per share (versus $0.84 in Q3 FY 2017), missing analysts' consensus estimate of $1.17.

The company's quarterly revenues amounted to $21.941 bln (+0.4% y/y), generally in-line with analysts' consensus estimate of $21.850 bln.

WFC rose to $52.28 (+1.63%) in pre-market trading.

U.S.: Import Price Index, September 0.5% (forecast 0.2%)

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