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

Market news

14 July 2021

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

Wells Fargo (WFC) reported Q2 FY 2021 earnings of $1.38 per share (versus -$0.66 per share in Q2 FY 2020), beating analysts’ consensus estimate of $0.91 per share.

The company’s quarterly revenues amounted to $20.270 bln (+10.8% y/y), beating analysts’ consensus estimate of $17.692 bln.

WFC rose to $43.60 (+0.86%) in pre-market trading.

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