Wells Fargo and Citi gain following Q4 earnings
Wells Fargo: Q4 Earnings Snapshot
The company, based in San Francisco, said it had earnings of $1.43 per share. Earnings, adjusted for one-time gains and costs, were $1.42 per share. The results surpassed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.
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Citigroup exceeded expectations in Q4 2024, driven by strong business performance.
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Wells Fargo posted mixed Q4 earnings, with revenue lagging while EPS gained, highlighting revenue growth challenges.
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