© Reuters. Wells Fargo&Co Earnings, Revenue Beat in Q3
Investing.com – Wells Fargo (NYSE:)&Co reported on Friday third quarter that beat analysts’ forecasts and revenue that topped expectations.
Wells Fargo&Co announced earnings per share of $1.30 on revenue of $19.51. Analysts polled by Investing.com anticipated EPS of $1.10 on revenue of $18.75B.
Wells Fargo&Co shares are down 30% from the beginning of the year, still down 29.72% from its 52 week high of $60.30 set on February 10.
Wells Fargo&Co follows other major Financial sector earnings this month
Wells Fargo&Co’s report follows an earnings beat by JPMorgan on Friday, who reported EPS of $3.12 on revenue of $32.7B, compared to forecasts EPS of $2.92 on revenue of $32.11B.
BlackRock had beat expectations on Thursday with third quarter EPS of $9.55 on revenue of $4.31B, compared to forecast for EPS of $7.65 on revenue of $4.35B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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