Stock Market News – Wells Fargo eyed ahead of quarterly earnings release
Posted on July 12, 2018 at 10:21 am GMTBanking giant Wells Fargo’s Q2 2018 earnings report will be made public before Friday’s US market open. The consensus recommendation for the company is “hold”, which negatively compares to the “buy” average consensus recommendation for the Banks peer group. The bank’s earnings per share (EPS) are anticipated to come in at $1.12 during the second quarter, according to analysts submitting their projections to Thomson Reuters’ estimate system (the Institutional Brokers’ Estimate System – I/B/E/S). Current expectations reflect a downward revision from [..]