Wells Fargo Q2 Earnings Preview: Barclays

Mani

Published onJuly 9, 2013

Updated on May 13, 2021

Wells Fargo & Company (NYSE:WFC) is set to benefit from operational efficiency and diversified business mix, despite its mortgage banking facing pressure, according to Barclays PLC (NYSE:BCS) (LON:BARC).

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In its recent 2Q13 EPS preview report from the equity research team, Barclays PLC (NYSE:BCS) (LON:BARC) anticipates Wells Fargo & Company (NYSE:WFC) will post second quarter EPS of $0.93 as against the consensus estimate of $0.92.

Jason M. Goldberg and team at Barclays retained an overweight rating on the banking stock.

Earlier, Wells Fargo was downgraded by Sterne,...

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Mani

Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports

Wells Fargo Q2 Earnings Preview: Barclays

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