Wells Fargo & Company reports results for the quarter ended September 30 - Earnings Summary
Wells Fargo & Company reports results for the quarter ended September 30 - Earnings Summary
Wells Fargo & Company WFC.N reported quarterly adjusted earnings of $1.87 per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $1.66. The mean expectation of twenty one analysts for the quarter was for earnings of $1.85 per share. Wall Street expected results to range from $1.75 to $1.92 per share.
Revenue rose 2% to $21.87 billion from a year ago; analysts expected $22.31 billion.
Wells Fargo & Company's reported EPS for the quarter was $1.87.
The company reported quarterly net income of $5.7 billion.
Wells Fargo & Company shares had risen by 4.1% this quarter and lost 10.6% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 2% in the last three months.
In the last 30 days, three analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 19 "strong buy" or "buy," 8 "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is also "buy"
This summary was machine generated from LSEG data October 13 at 12:01 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Sep. 30 2026 | 1.85 | 1.87 | Beat |
Jun. 30 2026 | 1.72 | 2.00 | Beat |
Mar. 31 2026 | 1.58 | 1.60 | Beat |
Dec. 31 2025 | 1.67 | 1.62 | Missed |
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