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

Market news

14 April 2021

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

Wells Fargo (WFC) reported Q1 FY 2021 earnings of $1.05 per share (versus $0.01 per share in Q1 FY 2020), beating analysts’ consensus estimate of $0.65 per share.

The company’s quarterly revenues amounted to $18.063 bln (+2.0% y/y), beating analysts’ consensus estimate of $17.423 bln.

WFC rose to $39.89 (+0.25%) in pre-market trading.

Pfizer (PFE) says EU will receive 50 mln additional COVID-19 vaccine doses from PFE/BioNTech (BNTX) in Q2 - Reuters

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