Wells Fargo Reports $6.2 Billion in Quarterly Net Income; Diluted EPS of $1.30

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Go back to Wells Fargo Reports $6.2 Billion in Quarterly Net Income; Diluted EPS of $1.30

Wells Fargo (WFC) PT Lowered to $59 at BMO Capital

July 17, 2019 7:55 AM EDT

BMO Capital analyst James Fotheringham lowered the price target on Wells Fargo (NYSE: WFC) to $59.00 (from $63.00) while maintaining a Market Perform rating.

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Wells Fargo (WFC) Tops Q2 EPS by 15c

July 16, 2019 8:01 AM EDT

Wells Fargo (NYSE: WFC) reported Q2 EPS of $1.30, $0.15 better than the analyst estimate of $1.15. Revenue for the quarter came in at $21.6 billion versus the consensus estimate of $20.94 billion.

Interim Chief Executive Officer Allen Parker said, In second quarter 2019, we recorded strong earnings and continued to make progress on our top priorities: focusing on our customers and team members; meeting the expectations of our regulators; and continuing the important transformation of our Company. The commitment of our team members to provide outstanding... More