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BreakingStocks

Wells Fargo Q3 Results: Earnings Beat Estimates Despite Revenue Miss

First Detected: Oct 13, 2026, 10:40 AM
Last Update: 11 minutes ago
1 update

Event Summary

Wells Fargo reported its third-quarter results on October 13, posting a GAAP EPS of $1.87, which beat analyst estimates by $0.01. However, the bank's revenue for the period was $21.87 billion, missing consensus expectations by $450 million. These results indicate a mixed financial performance with an earnings beat despite a revenue miss.

Timeline

Latest developmentabout 6 hours ago

Wells Fargo Q3 Results: Earnings Beat Estimates Despite Revenue Miss

The bank reported GAAP EPS of $1.87, slightly exceeding expectations, while total revenue fell $450 million short of consensus estimates.

Read the full story

Key facts

  • Wells Fargo reported GAAP EPS of $1.87, beating analyst estimates by $0.01.
  • The bank's revenue came in at $21.87B, missing consensus estimates by $450M.