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Earnings Reports – Wells Fargo & Company

Earnings Reports – Wells Fargo & Company, Investors will focus on inflation data to see if if companies believe the supply chain problems that drove prices up last year will subside.

Earnings Reports – Wells Fargo & Company
Yazar: Zack Smith

Yayınlanma: 14 Ocak 2022 00:07

Güncellenme: 23 Kasım 2024 06:22

Earnings Reports – Wells Fargo & Company

  Wells Fargo & Company Industry: Banking Sector: Finance Employees: 253871 Last Released Earnings Report: 14.10.2021 Next Earnings Report: 14.01.2022 Share B. Profit / Expectation 1.17 / 0.9956 Income / Expectation 18.83B / 18.27B With Wells Fargo (NYSE:WFC), which will report before the market opens on Friday, the fourth quarter earnings season is starting in earnest. Big profit gains by US companies helped the S&P 500 index increase by 27% in 2021, but companies will have a hard time sharing similar figures in the fourth quarter. According to the news of Reuters based on Refinitiv data, a 22.3% increase is expected in the earnings of S&P 500 companies. While this is a strong increase, it is a slower pace compared to what we saw in the first, second and third quarters of 2021. Investors will have focus on inflation to see if companies believe the supply chain problems that drove prices up last year will subside in the coming months, and their 2022 projections.   Earnings Reports – Wells Fargo & Company You may also be interested in:

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