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(Reuters)   Headline: Wells Fargo records surprise quarterly profit. Article: Analysts had expected a profit of 60 cents per share   (reuters.com) divider line
    More: Followup, Bank, Chief executive officer, Executive officer, Revenue, credit costs, Orders of magnitude, Wells Fargo, Charlie Chaplin  
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279 clicks; posted to Business » on 15 Jan 2021 at 12:34 PM (13 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



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2021-01-15 10:49:38 AM  
I can't figure out if Subby doesn't understand stocks, or if this is merely a silly joke about twenty-five cents.

The bank reported income of 64 cents per share vs analysts expectations of 60 cents.  The surprise was 4 cents.

However, the stock price went up about $6.50 per share during Q4.

/don't own any WFC
 
2021-01-15 12:19:12 PM  
Ummm... there are lots of shares.
 
2021-01-15 12:39:40 PM  
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