Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
Wells Fargo beats earnings estimates, raises dividend, and sees stock buyout interest.
Wells Fargo reported second-quarter earnings of $1.54 per share, beating estimates by $0.13, with revenue of $20.82 billion, up 0.6% year-over-year.
The company raised its quarterly dividend to $0.45, a 12.5% increase, yielding 2.3%.
Analysts project full-year earnings of $5.89 per share, and the stock holds a "Moderate Buy" consensus rating with a target price of $85.41.
Institutional investors own 75.9% of the company, with recent ownership changes including acquisitions by Acorn Creek Capital and Principal Financial Group, and reductions by Meritage Portfolio Management and Nationale Nederlanden.
The stock traded at $77.74, with a market cap of $249.04 billion and a P/E ratio of 13.31.
Wells Fargo supera las estimaciones de ganancias, aumenta los dividendos, y ve interés en la compra de acciones.