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Wells Fargo&Co announced earnings per share of $1.17 on revenue of $18.83B. Analysts polled by Investing.com anticipated EPS of $0.9953 on revenue of $18.22B.
Wells Fargo&Co shares are up 52% from the beginning of the year, still down 10.43% from its 52 week high of $51.41 set on August 13. They are outperforming the S&P 500 which is up 16.18% from the start of the year.
Wells Fargo&Co’s report follows an earnings beat by JPMorgan on Wednesday, who reported EPS of $3.74 on revenue of $30.44B, compared to forecasts EPS of $3 on revenue of $29.86B.
UnitedHealth had beat expectations on Thursday with third quarter EPS of $4.52 on revenue of $72.34B, compared to forecast for EPS of $4.41 on revenue of $71.3B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
