EZBrisk / Market Verdict

WFC: EPS beat, revenue miss

Wells Fargo posted a modest earnings beat with growing loans and deposits and continued buybacks, but the revenue shortfall versus forecasts and a higher credit loss provision sent the stock sharply lower.

Sources: https://www.sec.gov/Archives/edgar/data/72971/000007297126000318/wfc3qer10-13x26ex991xrelea.htm, https://www.reuters.com/business/finance/wells-

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