Benzinga | Jan 14, 2022 07:07AM EST

Recap: Wells Fargo Q4 Earnings



Wells Fargo (NYSE:WFC) reported its Q4 earnings results on Friday, January 14, 2022 at 06:48 AM.

Here's what investors need to know about the announcement.

Earnings

Wells Fargo beat estimated earnings by 23.21%, reporting an EPS of $1.38 versus an estimate of $1.12, which surprised analysts.

Revenue was up $2.93 billion from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.18, which was followed by a 6.78% increase in the share price the next day.

Here's a look at Wells Fargo's past performance:



Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020EPS Estimate 0.99 0.97 0.70 0.60EPS Actual 1.17 1.38 1.05 0.64Revenue Estimate 18.37B 17.75B 17.50B 18.13BRevenue Actual 18.83B 20.27B 18.06B 17.93B

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This article was generated by Benzinga's automated content engine and reviewed by an editor.