Wells Fargo Q3 GAAP EPS $1.48 Beats $1.24 Estimate, Sales $20.86B Beat $20.11B Estimate
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo reported Q3 earnings of $1.48 per share, beating the analyst consensus estimate of $1.24 by 19.35%. This is a 74.12% increase from the same period last year. The company also reported quarterly sales of $20.86 billion, beating the analyst consensus estimate of $20.11 billion by 3.71%. This is a 6.93% increase from the same period last year.
October 13, 2023 | 10:48 am
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Wells Fargo's Q3 earnings and sales beat analyst estimates, indicating a strong financial performance. This could potentially lead to a positive impact on the company's stock.
Wells Fargo's Q3 earnings and sales exceeded analyst estimates, which is typically a positive signal for investors and can lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100