- Wells Fargo (NYSE:WFC) is scheduled to announce Q4 earnings results on Tuesday, January 15th, before market open.
- The consensus EPS Estimate is $1.20 (+3.4% Y/Y) and the consensus Revenue Estimate is $21.75B (-1.6% Y/Y).
- The focus will be on what further steps are being taken to strengthen the bank after its string of scandals since 2016 and how much longer the Federal Reserve will keep a cap on Wells Fargo's assets.
- Over the last 2 years, WFC has beaten EPS estimates 63% of the time and has beaten revenue estimates 25% of the time.
- EPS estimates this quarter have seen 7 upward revisions and 6 downward. Revenue estimates have seen 8 upward revisions and 3 downward.
- Wells Fargo is down 7.2% from its close on Oct. 12, the day it released Q3 results.
- Recent earnings Analysis from our contributors:Next Up In Bank Earnings: JPMorgan (NYSE:JPM) And Wells Fargo Take The Stage
- Now read: Earnings, Earnings Growth, And The Three Sectors You Need To Buy Right Now
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