Form 8-K WELLS FARGO & COMPANY/MN For: Jul 14
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Wells Fargo (WFC) Misses Q2 EPS by 46c, to Cut Dividend to $0.10/sh
July 14, 2020 7:49 AM EDTWells Fargo (NYSE: WFC) reported Q2 EPS of ($0.66), $0.46 worse than the analyst estimate of ($0.20). Revenue for the quarter came in at $17.8 billion versus the consensus estimate of $18.4 billion.
The Company also announced that it expects to reduce its third quarter 2020 common stock dividend to $0.10 per share from $0.51 per share, subject to approval by the Company's Board of Directors at the... More