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

$49.22
-0.26 (-0.53%)
(As of 12/29/2023 ET)

Earnings Summary

Upcoming
Earnings Date
Jan. 12
Before Market Opens
Confirmed
Actual EPS
(Oct. 13)
$1.39 Beat By $0.15
Consensus EPS
(Oct. 13)
$1.24
Skip Charts & View Estimated and Actual Earnings Data

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 20235$0.95$1.22$1.07
Q2 20234$1.15$1.40$1.23
Q3 20234$1.01$1.40$1.24
Q4 20234$0.96$1.33$1.21
FY 202317$4.07$5.35$4.74
Q1 20242$1.06$1.17$1.12
Q2 20242$1.03$1.38$1.21
Q3 20242$1.09$1.51$1.30
Q4 20242$1.12$1.59$1.36
FY 20248$4.30$5.65$4.98

WFC Earnings Date and Information

Wells Fargo & Company last issued its quarterly earnings data on October 13th, 2023. The financial services provider reported $1.39 EPS for the quarter, topping the consensus estimate of $1.24 by $0.15. The company earned $20.86 billion during the quarter, compared to the consensus estimate of $20.09 billion. Its revenue was up 6.6% on a year-over-year basis. Wells Fargo & Company has generated $4.63 earnings per share over the last year ($4.63 diluted earnings per share) and currently has a price-to-earnings ratio of 10.6. Earnings for Wells Fargo & Company are expected to decrease by -2.81% in the coming year, from $4.98 to $4.84 per share. Wells Fargo & Company has confirmed that its next quarterly earnings report will be published on Friday, January 12th, 2024. Wells Fargo & Company will be holding an earnings conference call on Friday, January 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
1/12/2024
Confirmed)
-------  
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  












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, January 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 $1.39 earnings per share (EPS) to beat the analysts' consensus estimate of $1.24 by $0.15. 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 $81.57 billion.

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

Wells Fargo & Company (NYSE:WFC) has a recorded net income of $13.18 billion. WFC has generated $4.63 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 10.63 and a forward price-to-earnings ratio of 9.88. The price/earnings-to-growth ratio is 0.97.

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

Wells Fargo & Company's earnings are expected to decrease from $4.98 per share to $4.84 per share in the next year, which is a -2.81% change.


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This page (NYSE:WFC) was last updated on 12/31/2023 by MarketBeat.com Staff

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