Wells Fargo Disappoints With 4th-Quarter Revenue Miss
Shares of Wells Fargo & Co. (WFC) fell after the company reported fourth-quarter and full-year 2018 results before the opening bell on Tuesday.
The San Francisco-based bank, which is one of Warren Buffett (Trades, Portfolio)'s largest holdings, posted earnings of $1.21 per share, topping Refinitiv's estimates of $1.16. Revenue, though, declined 5% from the prior-year quarter to $20.98 billion, missing expectations of $21.73 billion.
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https://finance.yahoo.com/news/wells-far...08337.html
Shares of Wells Fargo & Co. (WFC) fell after the company reported fourth-quarter and full-year 2018 results before the opening bell on Tuesday.
The San Francisco-based bank, which is one of Warren Buffett (Trades, Portfolio)'s largest holdings, posted earnings of $1.21 per share, topping Refinitiv's estimates of $1.16. Revenue, though, declined 5% from the prior-year quarter to $20.98 billion, missing expectations of $21.73 billion.
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https://finance.yahoo.com/news/wells-far...08337.html
![[Bild: WFCc1dl1724.png]](https://finviz.com/publish/011519/WFCc1dl1724.png)