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Stephanie Link, Hightower Advisors chief investment strategist and portfolio manager, joins 'Squawk Box' to react to Wells Fargo's latest earnings report and more.
Wells Fargo shares fell Friday after the bank reported first-quarter earnings that showed a decline in interest income.
Wells Fargo & Co (NYSE: WFC), on April 12th, reported a year-on-year decrease in its first-quarter net income for the first earnings report of FY 2024. Net income for the quarter came in at $4,.61 bi
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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The 2024 Q1 Earnings Season Gets Underway

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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.
With first-quarter earnings reports just around the corner, the biggest battles with inflation might be out of the way for businesses and their customers. The impact of the smaller ones could just be
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