Wells Fargo (NYSE:WFC) shares declined 0.4 percent in pre-market trade after the company released its second-quarter earnings.
Quarterly Findings
Earnings per share increased 309.09 percent year over year to $1.38, beating the $0.97 consensus expectation.
Revenue of $20,270,000,000 was up 13.65% year over year, beating expectations of $17,750,000,000.
For the time being, Wells Fargo hasn’t provided any earnings guidance.
For the time being, Wells Fargo hasn’t provided any revenue guidance.
Call Specifications
14th of July, 2021
Time: 11:30 a.m. Eastern Standard Time https://edge.media-server.com/mmc/p/pf4czrj6/pf4czrj6/pf4czrj6/pf4czrj6/pf4czrj6/p
Price Movement
The 52-week high for the company was $48.13 and the 52-week low was $20.76.
Last quarter’s price movement: 1.92 percent increase
Description of the Business
With about $1.9 trillion in balance sheet assets, Wells Fargo is one of the largest banks in the United States. Consumer banking, commercial banking, corporate and investment banking, and wealth and investment management are the four main areas of the organization. It is nearly entirely devoted to the United States./n
