Categories AlphaGraphs, Earnings, Finance
Earnings Infographic: Wells Fargo (WFC) Q1 earnings, revenue top expectations
Financial services provider Wells Fargo & Company (NYSE: WFC) Wednesday said its first-quarter 2021 profit increased from last year aided by higher revenues. The results also topped Wall Street’s projection.
At $18.1 billion, first-quarter revenues were up 2% from the year-ago period and slightly above the consensus forecast.
Net income increased to $4.7 billion or $1.05 per share from $653 million or $0.01 per share in the first quarter of 2020. Analysts were looking for slower growth.
Read management/analysts’ comments on Wells Fargo’s Q1 earnings
Shares of Wells Fargo closed the last trading session lower but made modest gains early Wednesday following the earnings announcement.
_________________________________________________________________________________________________________________
Stocks you may like:
_________________________________________________________________________________________________________________
Most Popular
Tyson Foods (TSN) Q2 2024 Earnings: Key financials and quarterly highlights
Tyson Foods, Inc. (NYSE: TSN) reported second quarter 2024 earnings results today. Sales dipped slightly to $13.07 billion from $13.1 billion in the same period a year ago. Net income
After mixed Q2, what awaits Apple (AAPL) in the second half?
Apple’s (NASDAQ: AAPL) stock rallied this week after the gadget giant reported stronger-than-expected Q2 results and announced the largest-ever share buyback program. The company is investing heavily in the business,
What to expect when Tyson Foods (TSN) reports Q2 2024 earnings results
Shares of Tyson Foods, Inc. (NYSE: TSN) stayed green on Friday. The stock has gained 8% over the past three months. The branded foods company is slated to report its
