Why Wells Fargo (WFC) is Poised to Beat Earnings Estimates Again [Yahoo! Finance]
Wells Fargo & Company (WFC)
Last wells fargo & company earnings: 4/14 07:46 am
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US:NYSE Investor Relations:
wellsfargo.com/about/investor-relations
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Source: Yahoo! Finance
Wells Fargo (WFC), which belongs to the Zacks Financial - Investment Bank industry, could be a great candidate to consider. This biggest U.S. mortgage lender has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 12.20%. For the most recent quarter, Wells Fargo was expected to post earnings of $1.27 per share, but it reported $1.52 per share instead, representing a surprise of 19.69%. For the previous quarter, the consensus estimate was $1.27 per share, while it actually produced $1.33 per share, a surprise of 4.72%. For Wells Fargo, estimates have been trending higher, thanks in part to this earnings surprise history. And when you look at the stock's positive Zacks Earnings ESP (Expected Surprise Prediction), it's a great indicator of a future earnings beat, especially when combined with its solid Zacks Rank. Our research shows that stocks with the combination of a positive
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WFC
News
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WFC
Earnings
- 10/11/24 - Beat
WFC
Sec Filings
- 1/3/25 - Form 4
- 1/3/25 - Form 4
- 1/3/25 - Form 4
- WFC's page on the SEC website