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Barchart
Neha Panjwani

Earnings Preview: What To Expect From Wells Fargo's Report

WFC

Wells Fargo & Company (WFC), headquartered in San Francisco, California, is a financial services company that provides diversified banking, investment, mortgage, and consumer and commercial finance products and services. With a market cap of $194.9 billion, the company serves physical stores, internet, and other distribution channels worldwide. The leading financial services company is expected to announce its fiscal third-quarter earnings for 2024 on Friday, Oct. 11.

Ahead of the event, analysts expect WFC to report a profit of $1.28 per share on a diluted basis, down 7.9% from $1.39 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in its last four quarterly reports. 

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