Early Read of Wells Fargo (WFC) Q2 Results - Evercore Partners
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Jefferies Numbers on Wells Fargo (WFC) Post Q2
July 15, 2013 9:11 AM EDTJefferies analyst Ken Usdin boosted his price target and price target on Wells Fargo (NYSE: WFC) from $46 to $48 following Q2 results.
"Better credit drove the bulk of our revisions, as residential mortgage and home equity charge-offs improved meaningfully," the analyst said.... More
Wells Fargo & Co. (WFC) Tops Q2 EPS by 5c, Revenues Improve Modestly
July 12, 2013 8:01 AM EDT(Updated - July 12, 2013 8:07 AM EDT)
Wells Fargo & Co. (NYSE: WFC) reported Q2 EPS of $0.98, $0.05 better than the analyst estimate of $0.93 and up 20% from last year. Revenue for the quarter came in at $21.4 billion versus the consensus estimate of $21.21 billion and up from $21.3 billion last year.
"Wells Fargo achieved outstanding results for the second quarter, with our diluted EPS growing for the 14th consecutive quarter and our returns on assets and equity increasing from second quarter 2012 and first quarter 2013," said Chairman and CEO John Stumpf. "Our results reflected the strength of our... More
