Wells Fargo's profit fell more than 7% as it earned less from customer interest payments in the first quarter, sending its shares down 3% in premarket trading.
Wells Fargo (WFC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Macrae Sykes, portfolio manager at Gabelli Funds, joins CNBC's 'Squawk Box' to discuss banks as big giants like JPMorgan and Citigroup are set to release their first-quarter earnings reports this wee

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Note: The following is an excerpt from this week's Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods,

The 2024 Q1 Earnings Season Gets Underway

08:01pm, Tuesday, 09'th Apr 2024
Note: The following is an excerpt from this week's Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods,
Decent loans and reinvestment in higher-yielding assets are likely to have aided Wells Fargo's (WFC) Q1 net interest income. High expenses and deteriorating asset quality are expected to have ailed.
Beyond analysts' top -and-bottom-line estimates for Wells Fargo (WFC), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quar
It's time for full-fledged releases of quarterly earnings. Big banks will start reporting from next week.
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Wells Fargo (WFC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC), as previously announced, will report its first quarter 2024 earnings results on Friday, April 12, 2024, at approximately 7:00 a.m. Ea
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