Wells Fargo (WFC) Q1 Earnings and Revenues Top Estimates

Wells Fargo (WFC) came out with quarterly earnings of $1.26 per share, beating the Zacks Consensus Estimate of $1.10 per share. This compares to earnings of $1.23 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 14.55%. A quarter ago, it was expected that this biggest U.S. mortgage lender would post earnings of $1.16 per share when it actually produced earnings of $1.29, delivering a surprise of 11.21%.Over the last four quarte ...