Wells Fargo (WFC) Numbers Trimmed at Jefferies Post Q3
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Wells Fargo (WFC) Tops Q3 EPS by 2c; Home Lending Originations Dip
October 11, 2013 8:00 AM EDT(Updated - October 11, 2013 8:06 AM EDT)
Wells Fargo & Co. (NYSE: WFC) reported Q3 EPS of $0.99, $0.02 better than the analyst estimate of $0.97. Revenue for the quarter came in at $20.5 billion versus the consensus estimate of $21 billion.
As our economy continues to transition to higher interest rates, our diversified business model and strong risk discipline contributed to record earnings per share along with continued strength in return on assets, return on equity and capital, commented CEO John Stumpf. The improvement in the housing market has been beneficial to our customers and significantly... More
