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Wells Fargo&Co announced earnings per share of $1.38 on revenue of $20.86B. Analysts polled by Investing.com anticipated EPS of $1.1 on revenue of $18.65B.
Wells Fargo&Co shares are up 6% from the beginning of the year, still down 2.06% from its 52 week high of $57.18 set on January 13. They are outperforming the S&P 500 which is down 2.25% from the start of the year.
Wells Fargo&Co’s report follows an earnings beat by JPMorgan on Friday, who reported EPS of $3.33 on revenue of $29.26B, compared to forecasts EPS of $3 on revenue of $29.87B.
BlackRock had beat expectations on Friday with fourth quarter EPS of $10.42 on revenue of $5.11B, compared to forecast for EPS of $10.06 on revenue of $5.11B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
