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What’s in Store for Wells Fargo This Earnings Season?

Andrew Brunton
What’s in Store for Wells Fargo This Earnings Season?

Wells Fargo (WFC) is scheduled to report its third-quarter results on October 12. It’s expected to post EPS of $1.17, implying a growth of 12.5% YoY (year-over-year) and 8.3% sequentially. Analysts project revenues to fall 1.1% YoY to $21.8 billion, reflecting a lower credit offtake and weaker trading activity.