• Company News: Wells Fargo (WFC) quarterly earnings miss analysts’ expectations

Market news

15 October 2019

Company News: Wells Fargo (WFC) quarterly earnings miss analysts’ expectations

Wells Fargo (WFC) reported Q3 FY 2019 earnings of $0.92 per share (versus $1.13 in Q3 FY 2018), missing analysts’ consensus estimate of $1.18.

The company’s quarterly revenues amounted to $22.010 bln (+0.3% y/y), beating analysts’ consensus estimate of $21.320 bln.

WFC fell to $49.15 (-0.24%) in pre-market trading.

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