Categories AlphaGraphs, Earnings, Finance
A visual representation of Wells Fargo (WFC) Q1 2020 earnings results
Wells Fargo (NYSE: WFC) reported an 89% dip in earnings for the first quarter of 2020 due to lower revenue as well as higher costs and expenses. The results included the impact of reserve build and impairment of securities driven by economic and market conditions. The results missed analysts’ expectations.
The top line was hurt by net losses from equity securities reflecting lower deferred compensation plan investment results as well as lower mortgage banking income, card fees, and net interest income. The provision for credit losses increased $1 billion, predominantly due to reserve build reflecting forecasted credit deterioration due to the COVID-19 pandemic.
Past Performance
4Q19 
3Q19 
2Q19
_________________________________________________________________________________________________________________
Stocks you may like:
_________________________________________________________________________________________________________________
Most Popular
CCL Earnings: Highlights of Carnival Corporation’s Q4 2025 results
Cruise operator Carnival Corporation & plc (NYSE: CCL) on Friday reported an increase in revenue and adjusted earnings for the fourth quarter of fiscal 2025. Earnings topped analysts' expectations. Revenues
Lamb Weston (LW) Q2 2026 Earnings: Key financials and quarterly highlights
Lamb Weston Holdings, Inc. (NYSE: LW) reported its second quarter 2026 earnings results today. Net sales inched up 1% year-over-year to $1.62 billion. Net sales at constant currency remained flat.
Paychex reports higher Q2 FY26 revenue and earnings; EPS beats estimates
Paychex Inc. (NASDAQ: PAYX) on Friday reported stronger-than-expected adjusted earnings for the second quarter of fiscal 2026. Revenues grew 18% year-over-year. The Rochester-based human capital management solutions provider reported revenues
Comments