Sharing On Friday
Getty Wells Fargo & Company is scheduled to release earnings before Friday’s open. The stock just hit a record high of $66.31 in 2018 and is currently trading near $52/share. The stock is prone to big moves after reporting earnings and can easily gap up if the numbers are strong. Conversely, if the numbers disappoint, the stock can easily gap down. To help you prepare, here is what the Street is expecting: Earnings Preview: Wells Fargo is expected to report $1.17/share on $21.63 billion in revenue.
I Just Wanna Say ~ It's Friday ~ # TGIF! I Just Wanna Say It's Friday shared Rhonda Hendricks Quotes's photo. Sp S on S so S red S July 28, 2016.
Meanwhile, the so-called Whisper number is $1.20. The Whisper number is the Street’s unofficial view on earnings. Company Profile & Various Businesses: Here is a brief company profile courtesy of: Wells Fargo & Company, incorporated on January 24, 1929, is a bank holding company. The Company is a diversified financial services company.
The Company has three operating segments: Community Banking, Wholesale Banking, and Wealth and Investment Management. The Company provides retail, commercial and corporate banking services through banking locations and offices, the Internet and other distribution channels to individuals, businesses and institutions in all 50 states, the District of Columbia and in other countries. The Company provides other financial services through its subsidiaries engaged in various businesses, principally: wholesale banking, mortgage banking, consumer finance, equipment leasing, agricultural finance, commercial finance, securities brokerage and investment banking, insurance agency and brokerage services, computer and data processing services, trust services, investment advisory services, mortgage-backed securities servicing and venture capital investment. The Company has its administrative facilities at various locations, including Phoenix, Arizona; San Francisco, California; San Jose, California; Greenwood Village, Colorado; Littleton, Colorado; Rochester, Minnesota; St.
Louis, Missouri; Las Vegas, Nevada; Portland, Oregon, and Austin, Texas. The Company offers approximately 13,000 automated teller machines (ATMs) and over 6,000 retail banking stores coast to coast. Competition: The Company competes with large banks and financial institutions such as: JP Morgan Chase, Citigroup, Morgan Stanley, Goldman Sachs, & Bank of America, just to name a few.
Short Sharing On Good Friday
Pay Attention To How The Stock Reacts To The News: From where I sit, the most important trait I look for during earnings season is how the market and a specific company reacts to the news. Remember, always keep your losses small and never argue with the tape.