Wells Fargo Earnings Preview
Portfolio Pulse from Benzinga Insights
Wells Fargo (NYSE:WFC) is set to release its quarterly earnings report on Friday, 2023-10-13, with an estimated EPS of $1.22. The company's past performance shows a trend of beating EPS estimates but this has not always led to a positive impact on the share price. The stock is currently trading at $39.69, down 8.23% over the last 52-week period.
October 12, 2023 | 4:00 pm
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NEUTRAL IMPACT
Wells Fargo's upcoming earnings report could impact its stock price. The company has a history of beating EPS estimates, but this has not consistently resulted in a positive share price movement. The stock is currently down 8.23% over the last 52 weeks.
The upcoming earnings report is a significant event for Wells Fargo and its investors. While the company has a history of beating EPS estimates, this has not consistently translated into positive share price movements. Given the stock's negative performance over the past year, investors may be cautious.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100