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Investing.com - Wells Fargo&Co reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Wells Fargo&Co announced earnings per share of $0.42 on revenue of $18.86B. Analysts polled by Investing.com EPS of $0.44 on revenue of $17.96B.
Wells Fargo&Co 's are down 54% and is trading at $24.41 , still down 54.81% from its 52 week high of $54.75 set on Friday, November 29, 2019.
Wells Fargo&Co shares lost 1.33% to trade at $24.41 in pre-market trade the report.
Wells Fargo&Co follows other major Financial sector earnings this month
Wells Fargo&Co's report follows an earnings beat by UnitedHealth on Wednesday, who reported EPS of $3.51 on revenue of $65.12B, EPS of $3.09 on revenue of $63.77B.
JPMorgan had beat expectations on Tuesday with third quarter EPS of $2.92 on revenue of $29.94B, for EPS of $2.23 on revenue of $28.22B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar