Categories AlphaGraphs, Earnings, Finance
WFC Earnings: Key quarterly highlights from Wells Fargo’s Q1 2024 financial results
Wells Fargo & Company (NYSE: WFC) reported first quarter 2024 earnings results today.
Total revenue rose 1% year-over-year to $20.8 billion.
Net income decreased 7% to $4.6 billion while EPS dropped 2% to $1.20.
The top and bottom line numbers surpassed estimates but the stock stayed red in premarket hours on Friday.
Average loans were down 2% while average deposits were down 1% during the quarter.
Prior performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Earnings Preview: Johnson & Johnson bets on innovation to stay in growth mode
Over the years, Johnson & Johnson (NYSE: JNJ) has remained a dominant player in the medical industry, benefitting from its unique business model and growth strategy focused on constant innovation.
Key takeaways from PepsiCo’s Q3 2024 earnings report
Shares of PepsiCo, Inc. (NASDAQ: PEP) gained over 1% on Tuesday even though the company delivered mixed results for the third quarter of 2024 and lowered its guidance for the
PEP Earnings: All you need to know about PepsiCo’s Q3 2024 earnings results
PepsiCo, Inc. (NASDAQ: PEP) reported its third quarter 2024 earnings results today. Net revenue dipped 0.6% to $23.3 billion compared to the same period a year ago. Organic revenue growth
