Wells Fargo & Company (NYSE:WFC) will release earnings for its second quarter before the opening bell on Tuesday, July 14.
Analysts expect the San Francisco, California-based company to report quarterly earnings of $1.71 per share, up from $1.60 per share in the year-ago period. The consensus estimate for Wells Fargo’s quarterly revenue is $21.81 billion. It reported $20.82 billion last year, according to Benzinga Pro.
On June 24, Wells Fargo announced plans to raise quarterly dividend from 45 cents to 50 cents per share.
Shares of Wells Fargo rose 4% to close at $85.94 on Wednesday.
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