Wells Fargo(WFC) ZACKS·2025-04-04 15:00Core Viewpoint - Wells Fargo (WFC) is anticipated to report a year-over-year decline in earnings due to lower revenues for the quarter ended March 2025, with the consensus outlook indicating a potential impact on its near-term stock price [1][3]. Earnings Expectations - The consensus estimate for Wells Fargo's quarterly earnings is 20.8 billion, down 0.3% from the previous year [3]. - The consensus EPS estimate has been revised 0.42% lower in the last 30 days, indicating a reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model shows that the Most Accurate Estimate for Wells Fargo is higher than the Zacks Consensus Estimate, resulting in a positive Earnings ESP of +1.53%, suggesting a likelihood of beating the consensus EPS estimate [10][11]. - A positive Earnings ESP is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1 (Strong Buy), 2 (Buy), or 3 (Hold) [8]. Historical Performance - In the last reported quarter, Wells Fargo exceeded the expected earnings of 1.42, resulting in a surprise of +5.97% [12]. - Over the past four quarters, Wells Fargo has consistently beaten consensus EPS estimates [13]. Conclusion - While Wells Fargo is positioned as a compelling earnings-beat candidate, it is essential to consider other factors that may influence stock performance beyond just earnings results [14][16].