Wells Fargo Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Wells Fargo & Company (NYSE:WFC) will release earnings results for its third quarter before the opening bell on Friday, Oct. 11.

Analysts expect the San Francisco-based bank to report quarterly earnings at $1.28 per share, down from $1.48 per share in the year-ago period. Wells Fargo projects to report revenue of $20.41 billion for the recent quarter, according to data from Benzinga Pro.

On Sept. 12, Wells Fargo said it reached a formal agreement with the OCC to enhance its anti-money laundering and sanctions risk management practices, following an enforcement action by the regulator.

Wells Fargo shares gained 0.4% to close at $57.75 on Thursday.

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