Core Insights - Wells Fargo & Company is set to release its third-quarter earnings results on October 14, with analysts expecting earnings of $1.54 per share, an increase from $1.42 per share in the same period last year [1] - The company projects quarterly revenue of $21.11 billion, up from $20.37 billion a year earlier [1] - Wells Fargo filed for a mixed shelf offering of up to $110 million on August 26 [1] Stock Performance - Wells Fargo shares experienced a decline of 1.7%, closing at $79.73 [2] Analyst Ratings - UBS analyst Erika Najarian maintained a Buy rating but reduced the price target from $95 to $93 [4] - Evercore ISI Group analyst John Pancari maintained an Outperform rating and raised the price target from $94 to $98 [4] - Truist Securities analyst John McDonald maintained a Buy rating and increased the price target from $86 to $88 [4] - Citigroup analyst Keith Horowitz maintained a Neutral rating and raised the price target from $85 to $90 [4] - Goldman Sachs analyst Richard Ramsden maintained a Buy rating but cut the price target from $92 to $91 [4]
Wells Fargo Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call - Wells Fargo (NYSE:WFC)