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12.01.2024

Company news: Wells Fargo’s (WFC) quarterly results match analysts' estimates

Wells Fargo (WFC) reported Q4 FY2023 earnings of $0.86 per share (versus $0.67 per share in Q4 FY2022), in line with analysts’ consensus estimate of $0.86 per share.

The company’s quarterly revenues amounted to $20.478 bln (+2.2% y/y), roughly in line with analysts’ consensus estimate of $20.297 bln.

WFC fell to $48.50 (-1.10%) in pre-market trading.

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