Wells Fargo WFC reported its Q3 earnings results on Friday, October 14, 2022 at 06:45 AM.
Here's what investors need to know about the announcement.
Earnings
Wells Fargo missed estimated earnings by 22.02%, reporting an EPS of $0.85 versus an estimate of $1.09.
Revenue was up $671.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.12 which was followed by a 6.17% increase in the share price the next day.
Here's a look at Wells Fargo's past performance:
Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
---|---|---|---|---|
EPS Estimate | 0.86 | 0.81 | 1.12 | 0.99 |
EPS Actual | 0.74 | 0.88 | 1.38 | 1.17 |
Revenue Estimate | 17.60B | 17.81B | 18.78B | 18.37B |
Revenue Actual | 17.03B | 17.59B | 20.86B | 18.83B |
To track all earnings releases for Wells Fargo visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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