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Wells Fargo & Company (WFC) Earnings Date, Estimates & Call Transcripts

$59.05
+0.81 (+1.39%)
(As of 06/18/2024 ET)

Earnings Summary

Upcoming
Earnings Date
Jul. 12
Before Market Opens
Confirmed
Actual EPS
(Apr. 12)
$1.20 Beat By $0.10
Consensus EPS
(Apr. 12)
$1.10
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WFC Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

WFC Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Wells Fargo & Company Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20242$1.06$1.06$1.06
Q2 20242$1.03$1.32$1.18
Q3 20242$1.09$1.39$1.24
Q4 20242$1.12$1.40$1.26
FY 20248$4.30$5.17$4.74
Q1 20251$1.25$1.25$1.25
Q2 20251$1.43$1.43$1.43
Q3 20251$1.50$1.50$1.50
Q4 20251$1.58$1.58$1.58
FY 20254$5.76$5.76$5.76

WFC Earnings Date and Information

Wells Fargo & Company last released its earnings data on April 12th, 2024. The financial services provider reported $1.20 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.10 by $0.10. The company had revenue of $20.86 billion for the quarter, compared to the consensus estimate of $20.19 billion. Its revenue was up .6% on a year-over-year basis. Wells Fargo & Company has generated $4.79 earnings per share over the last year ($4.79 diluted earnings per share) and currently has a price-to-earnings ratio of 12.3. Earnings for Wells Fargo & Company are expected to grow by 7.20% in the coming year, from $5.14 to $5.51 per share. Wells Fargo & Company has confirmed that its next quarterly earnings report will be published on Friday, July 12th, 2024. Wells Fargo & Company will be holding an earnings conference call on Friday, July 12th at 10:00 AM Eastern. Interested parties can register for or listen to the call..

Wells Fargo & Company Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
7/12/2024
(Confirmed)
-------  
4/12/2024Q1 2024$1.10$1.20+$0.10$1.32$20.19 billion$20.86 billion    
1/12/2024Q4 2023$1.16$0.86($0.30)$1.72$20.30 billion$20.48 billion    
10/13/2023Q3 2023$1.24$1.39+$0.15$1.30$20.09 billion$20.86 billion    
7/14/2023Q2 2023$1.16$1.25+$0.09$1.25$20.11 billion$20.53 billion    
4/14/2023Q1 2023$1.15$1.23+$0.08$1.23$20.06 billion$20.73 billion    
1/13/2023Q4 2022$0.63$0.67+$0.04$0.67$20.04 billion$19.66 billion    
10/14/2022Q3 2022$1.09$1.30+$0.21$1.75$18.78 billion$19.51 billion    
7/15/2022Q2 2022$0.77$0.74($0.03)$0.74$17.54 billion$17.03 billion    
4/14/2022Q1 2022$0.81$0.88+$0.07$0.88$17.82 billion$17.59 billion    
1/14/2022Q4 2021$1.09$1.38+$0.29$1.38$18.61 billion$20.86 billion    
10/14/2021Q3 2021$0.99$1.17+$0.18$1.17$18.31 billion$18.83 billion    
7/13/2021Q2 2021$0.98$1.38+$0.40$1.38$17.69 billion$20.27 billion    
4/13/2021Q1 2021$0.69$1.05+$0.36$1.05$17.42 billion$18.06 billion  
1/14/2021Q4 2020$0.60$0.64+$0.04$0.64$18.00 billion$17.93 billion  
10/20/2020Q3 2020$0.45$0.42($0.03)$0.70$17.87 billion$18.86 billion  
7/14/2020Q2 2020($0.16)($0.66)($0.50)($0.66)$18.30 billion$17.80 billion  
4/14/2020Q1 2020$0.86$0.01($0.85)$0.01$19.40 billion$17.72 billion  
1/14/2020Q4 2019$1.10$0.93($0.17)$1.26$20.11 billion$19.86 billion  
10/15/2019Q3 2019$1.15$0.92($0.23)$0.92$21.32 billion$22.01 billion  
7/16/2019Q2 2019$1.16$1.30+$0.14$1.30$20.95 billion$21.58 billion  

Wells Fargo & Company Earnings - Frequently Asked Questions

When is Wells Fargo & Company's earnings date?

Wells Fargo & Company has confirmed that its next quarterly earnings data will be published on Friday, July 12th, 2024. Learn more on WFC's earnings history.

Did Wells Fargo & Company beat their earnings estimates last quarter?

In the previous quarter, Wells Fargo & Company (NYSE:WFC) reported $1.20 earnings per share (EPS) to beat the analysts' consensus estimate of $1.10 by $0.10. Learn more on analysts' earnings estimate vs. WFC's actual earnings.

How can I listen to Wells Fargo & Company's earnings conference call?

The conference call for Wells Fargo & Company's latest earnings report can be listened to online. Listen to Conference Call

How can I read Wells Fargo & Company's conference call transcript?

The conference call transcript for Wells Fargo & Company's latest earnings report can be read online. Read Transcript

How much revenue does Wells Fargo & Company generate each year?

Wells Fargo & Company (NYSE:WFC) has a recorded annual revenue of $115.34 billion.

How much profit does Wells Fargo & Company generate each year?

Wells Fargo & Company (NYSE:WFC) has a recorded net income of $19.14 billion. WFC has generated $4.79 earnings per share over the last four quarters.

What is Wells Fargo & Company's price-to-earnings ratio?

Wells Fargo & Company (NYSE:WFC) has a trailing price-to-earnings ratio of 12.33 and a forward price-to-earnings ratio of 11.49. The price/earnings-to-growth ratio is 1.49.

What is Wells Fargo & Company's EPS forecast for next year?

Wells Fargo & Company's earnings are expected to grow from $5.14 per share to $5.51 per share in the next year, which is a 7.20% increase.


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This page (NYSE:WFC) was last updated on 6/19/2024 by MarketBeat.com Staff

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