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Wells Fargo Earnings Estimate

WFC Stock  USD 57.96  0.35  0.61%   
The next projected EPS of Wells Fargo is estimated to be 1.1 with future projections ranging from a low of 0.93 to a high of 1.16. Wells Fargo's most recent 12-month trailing earnings per share (EPS TTM) is at 4.83. Please be aware that the consensus of earnings estimates for Wells Fargo is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
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Wells Fargo is projected to generate 1.1 in earnings per share on the 31st of March 2024. Wells Fargo earnings estimates module stress-tests analyst consensus about projected Wells Fargo EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Many public companies, such as Wells Fargo, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing Wells Fargo's earnings estimates, investors can diagnose different trends across Wells Fargo's analyst sentiment over time as well as compare current estimates against different timeframes. As of March 29, 2024, Gross Profit is expected to decline to about 49.6 B. In addition to that, Pretax Profit Margin is expected to decline to 0.22
  
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wells Fargo. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
For information on how to trade Wells Stock refer to our How to Trade Wells Stock guide.

Wells Fargo Earnings Estimation Breakdown

The calculation of Wells Fargo's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Wells Fargo is estimated to be 1.1 with the future projection ranging from a low of 0.93 to a high of 1.16. Please be aware that this consensus of annual earnings estimates for Wells Fargo is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
1.29
0.93
Lowest
Expected EPS
1.1
1.16
Highest

Wells Fargo Earnings Projection Consensus

Suppose the current estimates of Wells Fargo's value are higher than the current market price of the Wells Fargo stock. In this case, investors may conclude that Wells Fargo is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Wells Fargo's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 31st of March 2024Current EPS (TTM)
3191.11%
1.29
1.1
4.83

Wells Fargo Earnings History

Earnings estimate consensus by Wells Fargo analysts from Wall Street is used by the market to judge Wells Fargo's stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Wells Fargo's upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.

Wells Fargo Quarterly Gross Profit

20.48 Billion

At present, Wells Fargo's Price Earnings Ratio is projected to increase based on the last few years of reporting. As of March 29, 2024, Common Stock Shares Outstanding is expected to decline to about 3.5 B. In addition to that, Net Income Applicable To Common Shares is expected to decline to about 13.6 B.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Wells Fargo's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
56.5057.9659.42
Details
Intrinsic
Valuation
LowRealHigh
52.1662.1563.61
Details
Naive
Forecast
LowNextHigh
54.9756.4357.88
Details
26 Analysts
Consensus
LowTargetHigh
46.0650.6156.18
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Wells Fargo. Your research has to be compared to or analyzed against Wells Fargo's peers to derive any actionable benefits. When done correctly, Wells Fargo's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Wells Fargo. Note that many institutional investors and large investment bankers can move markets due to the volume of Wells assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards Wells Fargo. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving Wells Fargo's stock price in the short term.

Wells Fargo Earnings per Share Projection vs Actual

Actual Earning per Share of Wells Fargo refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Wells Fargo predict the company's earnings will be in the future. The higher the earnings per share of Wells Fargo, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Wells Fargo Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Wells Fargo, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Wells Fargo should always be considered in relation to other companies to make a more educated investment decision.

Wells Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Wells Fargo's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2024-01-12
2023-12-311.171.290.1210 
2023-10-13
2023-09-301.241.390.1512 
2023-07-14
2023-06-301.161.250.09
2023-04-14
2023-03-311.131.230.1
2023-01-13
2022-12-310.660.61-0.05
2022-10-14
2022-09-301.091.30.2119 
2022-07-15
2022-06-300.80.820.02
2022-04-14
2022-03-310.80.880.0810 
2022-01-14
2021-12-311.131.250.1210 
2021-10-14
2021-09-300.991.220.2323 
2021-07-14
2021-06-300.971.380.4142 
2021-04-14
2021-03-310.71.050.3550 
2021-01-15
2020-12-310.60.640.04
2020-10-14
2020-09-300.450.42-0.03
2020-07-14
2020-06-30-0.2-0.66-0.46230 
2020-04-14
2020-03-310.330.01-0.3296 
2020-01-14
2019-12-311.120.93-0.1916 
2019-10-15
2019-09-301.151.07-0.08
2019-07-16
2019-06-301.151.30.1513 
2019-04-12
2019-03-311.091.03-0.06
2019-01-15
2018-12-311.171.09-0.08
2018-10-12
2018-09-301.171.16-0.01
2018-07-13
2018-06-301.121.08-0.04
2018-04-13
2018-03-311.061.120.06
2018-01-12
2017-12-311.070.97-0.1
2017-10-13
2017-09-301.031.040.01
2017-07-14
2017-06-301.011.070.06
2017-04-13
2017-03-310.971.00.03
2017-01-13
2016-12-3111.030.03
2016-10-14
2016-09-301.011.030.02
2016-07-15
2016-06-301.011.010.0
2016-04-14
2016-03-310.970.990.02
2016-01-15
2015-12-311.021.030.01
2015-10-14
2015-09-301.041.050.01
2015-07-14
2015-06-301.031.030.0
2015-04-14
2015-03-310.981.040.06
2015-01-14
2014-12-311.021.020.0
2014-10-14
2014-09-301.021.020.0
2014-07-11
2014-06-301.011.010.0
2014-04-11
2014-03-310.971.050.08
2014-01-14
2013-12-310.981.00.02
2013-10-11
2013-09-300.970.990.02
2013-07-12
2013-06-300.930.980.05
2013-04-12
2013-03-310.880.920.04
2013-01-11
2012-12-310.890.920.03
2012-10-12
2012-09-300.870.880.01
2012-07-13
2012-06-300.810.820.01
2012-04-13
2012-03-310.730.750.02
2012-01-17
2011-12-310.720.730.01
2011-10-17
2011-09-300.730.72-0.01
2011-07-19
2011-06-300.680.70.02
2011-04-20
2011-03-310.660.670.01
2011-01-19
2010-12-310.610.610.0
2010-10-20
2010-09-300.550.60.05
2010-07-21
2010-06-300.480.550.0714 
2010-04-21
2010-03-310.420.450.03
2010-01-20
2009-12-31-0.010.080.09900 
2009-10-21
2009-09-300.370.560.1951 
2009-07-22
2009-06-300.340.570.2367 
2009-04-22
2009-03-310.410.560.1536 
2009-01-28
2008-12-310.33-0.79-1.12339 
2008-10-15
2008-09-300.410.490.0819 
2008-07-16
2008-06-300.50.530.03
2008-04-16
2008-03-310.570.60.03
2008-01-16
2007-12-310.410.410.0
2007-07-17
2007-06-300.670.670.0
2007-04-17
2007-03-310.650.660.01
2007-01-16
2006-12-310.640.640.0
2006-10-17
2006-09-300.630.640.01
2006-04-18
2006-03-310.60.60.0
2006-01-17
2005-12-310.580.57-0.01
2005-10-18
2005-09-300.580.580.0
2005-07-19
2005-06-300.560.560.0
2005-04-19
2005-03-310.540.540.0
2005-01-18
2004-12-310.530.52-0.01
2004-10-19
2004-09-300.530.51-0.02
2004-07-20
2004-06-300.520.5-0.02
2004-04-20
2004-03-310.490.520.03
2004-01-20
2003-12-310.480.480.0
2003-10-21
2003-09-300.460.460.0
2003-07-15
2003-06-300.450.450.0
2003-04-15
2003-03-310.440.440.0
2003-01-21
2002-12-310.430.430.0
2002-10-15
2002-09-300.420.420.0
2002-07-16
2002-06-300.410.410.0
2002-04-16
2002-03-310.390.40.01
2002-01-15
2001-12-310.340.350.01
2001-10-16
2001-09-300.340.340.0
2001-07-17
2001-06-300.01-0.0265-0.0365365 
2001-04-17
2001-03-310.330.340.01
2001-01-16
2000-12-310.320.330.01
2000-10-17
2000-09-300.320.320.0
2000-07-18
2000-06-300.310.320.01
2000-04-18
2000-03-310.30.310.01
2000-01-18
1999-12-310.30.29-0.01
1999-10-19
1999-09-300.290.28-0.01
1999-07-19
1999-06-300.270.280.01
1999-04-20
1999-03-310.250.270.02
1999-01-19
1998-12-310.230.230.0
1998-10-15
1998-09-300.250.250.0
1998-07-14
1998-06-300.250.250.0
1998-04-14
1998-03-310.240.240.0
1998-01-15
1997-12-310.230.230.0
1997-10-13
1997-09-300.220.220.0
1997-07-14
1997-06-300.220.220.0
1997-04-14
1997-03-310.210.210.0
1997-01-16
1996-12-310.20.20.0
1996-10-14
1996-09-300.20.20.0
1996-07-15
1996-06-300.190.190.0
1996-04-17
1996-03-310.190.190.0
1996-01-17
1995-12-310.180.180.0
1995-10-18
1995-09-300.180.180.0
1995-07-19
1995-06-300.170.170.0

About Wells Fargo Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Wells Fargo earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Wells Fargo estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Wells Fargo fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.
Last ReportedProjected for 2024
Retained Earnings201.1 B211.2 B
Retained Earnings Total Equity215.8 B120.2 B
Earning AssetsT899.4 B
Price Earnings Ratio 9.48  11.28 
Price Earnings To Growth Ratio 0.18  0.17 

Wells Fargo Investors Sentiment

The influence of Wells Fargo's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Wells. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Wells Fargo's public news can be used to forecast risks associated with an investment in Wells. The trend in average sentiment can be used to explain how an investor holding Wells can time the market purely based on public headlines and social activities around Wells Fargo. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Wells Fargo's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Wells Fargo's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Wells Fargo's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Wells Fargo.

Wells Fargo Implied Volatility

    
  22.65  
Wells Fargo's implied volatility exposes the market's sentiment of Wells Fargo stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Wells Fargo's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Wells Fargo stock will not fluctuate a lot when Wells Fargo's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Wells Fargo in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Wells Fargo's short interest history, or implied volatility extrapolated from Wells Fargo options trading.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Wells Fargo offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Wells Fargo's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Wells Fargo Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wells Fargo Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wells Fargo. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
For information on how to trade Wells Stock refer to our How to Trade Wells Stock guide.
Note that the Wells Fargo information on this page should be used as a complementary analysis to other Wells Fargo's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

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When running Wells Fargo's price analysis, check to measure Wells Fargo's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Wells Fargo is operating at the current time. Most of Wells Fargo's value examination focuses on studying past and present price action to predict the probability of Wells Fargo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wells Fargo's price. Additionally, you may evaluate how the addition of Wells Fargo to your portfolios can decrease your overall portfolio volatility.
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Is Wells Fargo's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Wells Fargo. If investors know Wells will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Wells Fargo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.15
Dividend Share
1.3
Earnings Share
4.83
Revenue Per Share
20.931
Quarterly Revenue Growth
0.006
The market value of Wells Fargo is measured differently than its book value, which is the value of Wells that is recorded on the company's balance sheet. Investors also form their own opinion of Wells Fargo's value that differs from its market value or its book value, called intrinsic value, which is Wells Fargo's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Wells Fargo's market value can be influenced by many factors that don't directly affect Wells Fargo's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Wells Fargo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wells Fargo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wells Fargo's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.