๐ Wells Fargo crushes Q2 โ $2/share vs $1.72 expected, stock up 1%+ on the news
Wells Fargo reported Q2 earnings of $2.00 per share on $22.62B in revenue, beating analyst estimates of $1.72/share and $21.84B. The stock jumped more than 1% on the results. Bank of America also beat, posting $1.21/share vs. a $1.13 forecast. With 73 earnings reports today, this season is outperforming. Not financial advice. Which bank are you watching this earnings cycle?
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