After long five years, investo_老虎社区_美港股上老虎

KongBeng
2021-07-14

After long five years, investors of Wells Fargo are finally rewarded. Way to go!

Wells Fargo Q2 EPS $1.38 Beats $0.97 Estimate, Sales $20.27B Beat $17.75B Estimate

Wells Fargo & Co swung to a profit in the second quarter, the bank said on Wednesday, as it released

Wells Fargo Q2 EPS $1.38 Beats $0.97 Estimate, Sales $20.27B Beat $17.75B Estimate

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Way to go!","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/144308001","repostId":2151162795,"repostType":2,"repost":{"id":"2151162795","kind":"highlight","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1626263444,"share":"https://www.laohu8.com/m/news/2151162795?lang=&edition=full","pubTime":"2021-07-14 19:50","market":"us","language":"en","title":"Wells Fargo Q2 EPS $1.38 Beats $0.97 Estimate, Sales $20.27B Beat $17.75B Estimate","url":"https://stock-news.laohu8.com/highlight/detail?id=2151162795","media":"Benzinga","summary":"Wells Fargo & Co swung to a profit in the second quarter, the bank said on Wednesday, as it released","content":"<p>Wells Fargo &amp; Co&nbsp;swung to a profit in the second quarter, the bank said on Wednesday, as it released funds set aside to cover soured loans, while costs tied to its years-old sales practices scandal stabilized.</p>\n<p>Wells Fargo has been operating under penalties from regulators since 2016 when details of a sales scandal emerged and led to the departure of two chief executives and billions of dollars in litigation and remediation costs.</p>\n<p>Under an order imposed by the Federal Reserve in 2018, the bank is not allowed to let its assets rise above $1.95 trillion.</p>\n<p>Wells Fargo, however, began to rein in costs this year, signaling that it may finally be emerging from the episode that has dogged it for nearly five years.</p>\n<p>The fourth-largest U.S. lender reported a profit of $6 billion, or $1.38 per share, compared with a net loss of $3.85 billion, or $1.01 per share, a year earlier.</p>\n<p>Analysts on average had expected a profit of 97 cents per share, according to estimates from Refinitiv.</p>\n<p>Total revenue rose 11% to $20.27 billion.</p>\n<p>Wells Fargo shares up 0.4% premarket.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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Wells Fargo Q2 EPS $1.38 Beats $0.97 Estimate, Sales $20.27B Beat $17.75B Estimate

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