Forget election, Q3 earnings says Wells Fargo. Focus on this instead
The strategists also suggest that companies are less likely to issue bold or optimistic guidance in an uncertain economic environment, even if their outlooks are positive. Still, Wells Fargo expects 2024 to be a record year for SPX earnings, with further gains projected into 2025.
Wells Fargo's profit beat analysts' expectations in the third quarter, helped by resilience in wealth management and lower ...
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Wells Fargo on Monday pointed to a downturn in the security reselling and distribution space in Q3 compared to the last ...
Wells Fargo's third-quarter net income dropped 11.3% year over year to $5.11 billion, with a 2% decline in revenue to $20.37 ...
Large U.S. banks exceeded earnings expectations, but they also set aside more for potential credit losses. Here are three ...
Wells Fargo analysts believe small-cap stocks are positioned for further gains leading into the U.S. election, driven by ...
Charles Scharf; President, Chief Executive Officer, Director; Wells Fargo & Co Michael Santomassimo; Chief Financial Officer, Senior Executive Vice President; Wells Fargo & Co Scott Siefers ...
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