Wells Fargo: Q4 EPS beats consensus
(CercleFinance.com) - Unveiled on Tuesday before Wall Street opens, as has been the case for JPMorgan Chase, Wells Fargo's Q4 results included net income of 6.
06 billion dollars, or 1.21 dollar per share, against respectively 6.15 billion dollars and 1.16 dollar in Q4 2017.
The consensus was slightly less optimistic, looking for EPS of 1.19 dollar.
Meanwhile, Q4 18 revenues fell to 21 billion dollars in Q4 2018 (vs. 22.1 billion dollars in Q4 2017).
Finally, FY 2018 EPS reached 4.28 dollars (against 4.10 dollars in FY 2017), while FY 2018 net income came in at 22.39 billion dollars (vs. 22.18 billion dollars in FY 2017), while FY revenues reached 86.4 billion dollars (vs. 88.4 billion dollars).
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06 billion dollars, or 1.21 dollar per share, against respectively 6.15 billion dollars and 1.16 dollar in Q4 2017.
The consensus was slightly less optimistic, looking for EPS of 1.19 dollar.
Meanwhile, Q4 18 revenues fell to 21 billion dollars in Q4 2018 (vs. 22.1 billion dollars in Q4 2017).
Finally, FY 2018 EPS reached 4.28 dollars (against 4.10 dollars in FY 2017), while FY 2018 net income came in at 22.39 billion dollars (vs. 22.18 billion dollars in FY 2017), while FY revenues reached 86.4 billion dollars (vs. 88.4 billion dollars).
Copyright (c) 2019 CercleFinance.com. All rights reserved.