Categories AlphaGraphs, Finance
WFC Earnings: Key quarterly highlights from Wells Fargo’s Q2 2023 financial results
Wells Fargo & Company (NYSE: WFC) reported second quarter 2023 earnings results today.
Total revenue increased 20% year-over-year to $20.5 billion.
Net income grew 57% to $4.93 billion while EPS rose 67% to $1.25.
Both the top and bottom line numbers beat estimates.
Average loans increased 2% YoY to $945.9 billion while average deposits were down 7% to $1.34 trillion.
The stock was up 3% in premarket hours on Friday following the earnings report.
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Key highlights from McCormick & Company’s (MKC) Q3 2023 earnings results
McCormick & Company, Incorporated (NYSE: MKC) reported third quarter 2023 earnings results today. Net sales increased 6% year-over-year to $1.68 billion, but narrowly missed estimates of $1.70 billion. Net income
Carnival Corporation (CCL): A couple of factors that work in favour of this cruise ship operator
Shares of Carnival Corporation & plc (NYSE: CCL) were down on Monday. The stock has gained 69% year-to-date. The company delivered strong results for the third quarter of 2023 and although
Earnings Preview: PepsiCo (PEP) likely to deliver another strong quarter
Over the years, brand loyalty and diversification of the portfolio have played a key role in the continued success of PepsiCo, Inc. (NASDAQ: PEP) The soft drink giant is now
