Here comes Wells Fargo …
|10/13/2017||Posted by BusinessMediaguide.Com under General World News||
Wells Fargo is set to report third-quarter earnings on Friday at 8 a.m.
Wall Street is expecting the bank, which has taken a beating on Capitol Hill and in the press for its myriad consumer banking scandals, to deliver earnings of $1.03 per share, down from $1.05 last quarter.
Here’s what else analysts will be looking at:
- Revenue of $22.4 billion, down from $22.5 billion in the second quarter.
- Net income of $5.13 billion, down from $5.28 billion in the second quarter.
- Net charge offs: Hit a post-crisis low of 0.27% in the second quarter, but Citi and JPMorgan each reported increases in the third read more >>>