Form 8-K WELLS FARGO & COMPANY/MN For: Jan 14

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Go back to Form 8-K WELLS FARGO & COMPANY/MN For: Jan 14

Wells Fargo (WFC) Misses Q4 EPS by 19c

January 14, 2020 7:50 AM EST

Wells Fargo (NYSE: WFC) reported Q4 EPS of $0.93, $0.19 worse than the analyst estimate of $1.12. Revenue for the quarter came in at $19.9 billion versus the consensus estimate of $20.14 billion.

Fourth quarter 2019 financial results:Net income of $2.9 billion and diluted earnings per share (EPS) of $0.60Operating losses of $1.9 billion, driven by $1.5 billion, or ($0.33) per share, of litigation accruals... More