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

Market news

14 January 2020

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

Wells Fargo (WFC) reported Q4 FY 2019 earnings of $0.93 per share (versus $1.21 in Q4 FY 2018), missing analysts' consensus estimate of $1.10.

The company's quarterly revenues amounted to $19.860 bln (-5.4% y/y), missing analysts' consensus estimate of $20.114 bln.

WFC fell to $50.71 (-2.69%) in pre-market trading.

Company News: Citigroup (C) quarterly results beat analysts’ forecasts

China's trade surplus came in at $46.79 billion in December – TDS

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.