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Bartosiak: Trading Wells Fargo (WFC) Earnings with Options

David Bartosiak

On Friday, January 13th, Wells Fargo & Company WFC will release its fourth quarter earnings results before the bell. The company is a Zacks Rank 2 (Buy), and have a Value, Growth, and Momentum score of C.

Dave will look at Delta’s past earnings, take a look at what is currently going on with the company, and give us his thoughts on their upcoming earnings announcement.

Furthermore, Dave will uncover some potential options trades for investors looking to make a play on Delta ahead of earnings.

Wells Fargo in Focus

Wells Fargo & Company is a diversified financial services company providing banking, insurance, investments, mortgage and consumer finance services through stores, its Internet site and other distribution channels across North America as well as internationally.

Wells Fargo is a major financial firm within the banking sector. Wells Fargo’s biggest competitiors include Bank of America BAC, Citigroup C, and J.P. Morgan JPM.

Wells Fargo is expected to report earnings at $1.00 per share. Wells Fargo reported earnings last quarter at $1.03 per share, beating the Zacks Consensus Estimate by 0.98%. Wells Fargo has an average surprise of 0.50% over the last 4 quarters.

Wells Fargo & Company Price, Consensus and EPS Surprise

Wells Fargo & Company Price, Consensus and EPS Surprise | Wells Fargo & Company Quote

Bottom Line

How should investors play Wells Fargo ahead of their earnings report? For insights on the best options trades, then tune in at 9:00am on Thursday to see David’s thoughts.

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