January 15, 2025
Wells Fargo (WFC) reported $20.38 billion in revenue for the quarter ended December 2024, representing a year-over-year decline of 0.5%. EPS of $1.42 for the same period compares to $1.29 a year ago.
The reported revenue represents a surprise of -0.85% over the Zacks Consensus Estimate of $20.55 billion. With the consensus EPS estimate being $1.34, the EPS surprise was +5.97%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Wells Fargo performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
View all Key Company Metrics for Wells Fargo here>>>
Shares of Wells Fargo have returned +0.5% over the past month versus the Zacks S&P 500 composite's -3.3% change. The stock currently has a Zacks Rank #1 (Strong Buy), indicating that it could outperform the broader market in the near term.
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