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5/19/15: Wells Fargo & Co. (NYSE: WFC) is expected to announce next quarter earnings on July 10, at a consensus estimate of $1.04. WFC reported last quarter earnings on April 14. The financial services company announced earnings per share of $1.04 against a consensus Street estimate of $0.98, beating the average estimate by $0.06. This corresponds to a decrease of $0.07 compared to the same quarter of the previous fiscal year.
The 1-year range for WFC is $46.44 – $56.70 and the company has a price to earnings ratio of 13.57 versus financial sector average of 15.36. WFC stock price has underperformed the S&P 500 by 0.7%. The company is currently valued at $285.88 billion and its share price closed the last trading session at $56.40.