Big Bank Roundup: These Stocks Kick Off Earnings Season With A Mixed Bag Of Results
Big U.S. bank stocks kicked off third-quarter earnings season on Friday with a mixed bag of numbers on a difficult day for the market.
Why Morgan Stanley Shares Are Trading Lower, Here Are 43 Stocks Moving In Friday’s Mid-Day Session
Gainers
Intelligent Living Application Group Inc. (NASDAQ: ILAG) surged 77.7% to $9.35.
Wells Fargo CFO Charles Scharf Says Currently Expect Our Q4 Other Expenses, Excluding Operating Losses, To Be ~$12.3B
- Reuters Citing Conference Call
Wells Fargo Exec Says Outstanding Issues Remain Which May Result In Additional Expense In Coming Quarters
- Reuters Citing Conference Call
Elizabeth Warren Demands Answers From Wells Fargo On ‘Alarming Pattern’ Of Zelle Fraud
Sen. Elizabeth Warren (D-Mass.) says she wants answers from Wells Fargo & Co (NYSE: WFC) on the Zelle fraud.
Wells Fargo Q3 EPS $0.85 Misses $1.09 Estimate, Sales $19.50B Beat $18.77B Estimate
Wells Fargo (NYSE:WFC) reported quarterly earnings of $0.85 per share which missed the analyst consensus estimate of $1.09 by 22.02 percent. This is a 27.35 percent decrease over earnings of $1.17 per share from the same
Investor Fear Eases Slightly As Dow Jumps Over 800 Points
The CNN Money Fear and Greed index showed some easing in the fear level among US investors following the release of inflation data.
Earnings Scheduled For October 14, 2022
Companies Reporting Before The Bell
• Wells Fargo (NYSE:WFC) is estimated to report quarterly earnings at $1.08 per share on revenue of $18.77 billion.