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

Market news

16 July 2019

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

Wells Fargo (WFC) reported Q2 FY 2019 earnings of $1.30 per share (versus $1.08 in Q2 FY 2018), beating analysts’ consensus of $1.16.

The company’s quarterly revenues amounted to $21.584 bln (+0.1% y/y), beating analysts’ consensus estimate of $20.949 bln.

WFC rose to $46.75 (+0.09%) in pre-market trading.

U.S.: Retail sales excluding auto, June 0.4% (forecast 0.1%)

China's Premier Li: China is to keep prudent monetary policy, proactive fiscal policy

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.