Wells Fargo Reports Preliminary First Quarter 2018 Net Income of $5.9 Billion; Diluted EPS of $1.12
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Wells Fargo (WFC) Tops Q1 EPS by 5c
April 13, 2018 8:01 AM EDTWells Fargo (NYSE: WFC) reported Q1 EPS of $1.12, $0.05 better than the analyst estimate of $1.07. Revenue for the quarter came in at $21.9 billion versus the consensus estimate of $21.75 billion.
Chief Executive Officer Tim Sloan said, Im confident that our outstanding team will continue to transform Wells Fargo into a better, stronger company; however, we recognize that it will take time to put all of our challenges behind us. During the first quarter our team members continued to focus on our vision of satisfying our customers... More
