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Earnings To Watch: Wells Fargo (WFC) Reports Q2 Results Tomorrow

Earnings To Watch: Wells Fargo (WFC) Reports Q2 Results Tomorrow

Yahoo14-07-2025
Financial services giant Wells Fargo (NYSE:WFC) will be reporting earnings this Tuesday before market open. Here's what to expect.
Wells Fargo missed analysts' revenue expectations by 2.2% last quarter, reporting revenues of $20.15 billion, down 3.4% year on year. It was a softer quarter for the company, with a significant miss of analysts' net interest income estimates and EPS in line with analysts' estimates.
Is Wells Fargo a buy or sell going into earnings? Read our full analysis here, it's free.
This quarter, analysts are expecting Wells Fargo's revenue to be flat year on year at $20.65 billion, in line with its flat revenue from the same quarter last year. Adjusted earnings are expected to come in at $1.40 per share.
Heading into earnings, analysts covering the company have grown increasingly bearish with revenue estimates seeing 4 downward revisions over the last 30 days (we track 8 analysts). Wells Fargo has missed Wall Street's revenue estimates twice over the last two years.
With Wells Fargo being the first among its peers to report earnings this season, we don't have anywhere else to look to get a hint at how this quarter will unravel for banks stocks. However, there has been positive investor sentiment in the segment, with share prices up 10.3% on average over the last month. Wells Fargo is up 12.9% during the same time and is heading into earnings with an average analyst price target of $86.45 (compared to the current share price of $82.62).
Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link.
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