Wells FargoWFC stock rose by 6.78% on Friday after the company reported its Q3 earnings results on Thursday, October 14, 2021 at 08:00 AM.
Here's what investors need to know about the announcement.
Earnings
Wells Fargo beat their estimated earnings by 18.18%, which surprised analysts.
Revenue was up $28,000,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.41, which was followed by a 0.11% increase in the share price the next day.
Here's a look at Wells Fargo's past performance and the resulting price change:
Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
---|---|---|---|---|---|
EPS Estimate | 0.99 | 0.97 | 0.70 | 0.60 | 0.45 |
EPS Actual | 1.17 | 1.38 | 1.05 | 0.64 | 0.42 |
Price Change % | 6.78% | 0.11% | 0.6% | -7.8% | -1.29% |
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Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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