NYSE - Delayed Quote • USD
Wells Fargo & Company (WFC)
At close: April 18 at 4:00 PM EDT
Earnings Estimate
| CURRENCY IN USD | Current Qtr. (Jun 2024) | Next Qtr. (Sep 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| No. of Analysts | 19 | 19 | 19 | 20 |
| Avg. Estimate | 1.19 | 1.21 | 4.74 | 5.18 |
| Low Estimate | 1.07 | 1.11 | 4.45 | 4.77 |
| High Estimate | 1.28 | 1.31 | 4.99 | 5.48 |
| Year Ago EPS | 1.25 | 1.48 | 5.26 | 4.74 |
Revenue Estimate
| CURRENCY IN USD | Current Qtr. (Jun 2024) | Next Qtr. (Sep 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| No. of Analysts | 16 | 16 | 17 | 17 |
| Avg. Estimate | 19.04B | 19.03B | 76.76B | 77.76B |
| Low Estimate | 18.55B | 18.62B | 75.54B | 76.24B |
| High Estimate | 19.48B | 19.37B | 77.73B | 79.38B |
| Year Ago Sales | 20.53B | -- | 82.6B | 76.76B |
| Sales Growth (year/est) | -7.30% | -- | -7.10% | 1.30% |
Earnings History
| CURRENCY IN USD | 6/30/2023 | 9/30/2023 | 12/31/2023 | 3/31/2024 |
|---|---|---|---|---|
| EPS Est. | 1.15 | 1.24 | 1.17 | 1.05 |
| EPS Actual | 1.25 | 1.48 | 1.29 | 1.13 |
| Difference | 0.1 | 0.24 | 0.12 | 0.08 |
| Surprise % | 8.70% | 19.40% | 10.30% | 7.60% |
EPS Trend
| CURRENCY IN USD | Current Qtr. (Jun 2024) | Next Qtr. (Sep 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| Current Estimate | 1.19 | 1.21 | 4.74 | 5.18 |
| 7 Days Ago | 1.11 | 1.13 | 4.43 | 4.96 |
| 30 Days Ago | 1.18 | 1.21 | 4.77 | 5.36 |
| 60 Days Ago | 1.18 | 1.21 | 4.76 | 5.33 |
| 90 Days Ago | 1.18 | 1.21 | 4.76 | 5.36 |
EPS Revisions
| CURRENCY IN USD | Current Qtr. (Jun 2024) | Next Qtr. (Sep 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| Up Last 7 Days | 16 | 13 | 19 | 14 |
| Up Last 30 Days | 18 | 16 | 20 | 17 |
| Down Last 7 Days | -- | -- | -- | -- |
| Down Last 30 Days | 2 | 3 | 1 | 2 |
Growth Estimates
| CURRENCY IN USD | WFC | Industry | Sector | S&P 500 |
|---|---|---|---|---|
| Current Qtr. | -4.80% | -- | -- | 0.80% |
| Next Qtr. | -18.20% | -- | -- | 9.60% |
| Current Year | -9.90% | -- | -- | 4.50% |
| Next Year | 9.30% | -- | -- | 13.30% |
| Next 5 Years (per annum) | 6.67% | -- | -- | 11.09% |
| Past 5 Years (per annum) | 17.66% | -- | -- | -- |
Research Analysis
Analyst Price Targets
Fair Value
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Analyst Recommendations
- Strong Buy
- Buy
- Hold
- Underperform
- Sell
Earnings
Upgrades & Downgrades
| Maintains | Morgan Stanley: Overweight to Overweight | 4/15/2024 |
| Maintains | Argus Research: Buy to Buy | 4/15/2024 |
| Maintains | Oppenheimer: Perform to Perform | 4/15/2024 |
| Downgrade | Compass Point: Buy to Neutral | 4/9/2024 |
| Maintains | Jefferies: Hold to Hold | 4/8/2024 |
| Maintains | Goldman Sachs: Buy to Buy | 4/1/2024 |
Related Tickers
C Citigroup Inc.
58.32
+0.26%
JPM JPMorgan Chase & Co.
181.25
+0.65%
BAC Bank of America Corporation
35.77
+1.53%
TD The Toronto-Dominion Bank
57.25
+0.76%
TD.TO The Toronto-Dominion Bank
78.85
+0.73%
HSBC HSBC Holdings plc
40.39
+1.03%
BNS.TO The Bank of Nova Scotia
64.14
-0.12%
RY.TO Royal Bank of Canada
133.52
+0.17%
UBS UBS Group AG
28.12
+0.04%
BNS The Bank of Nova Scotia
46.57
-0.11%