Citi, Wells Fargo Rose Over 3% in Morning Trading After Posting Their Financial Results

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Citi, Wells Fargo Rose Over 3% in Morning Trading After Posting Their Financial Results

Tiger Newspress2022-07-15

Citi, Wells Fargo rose over 3% in morning trading after posting their financial results.

Wells Fargo said its revenue fell to $17.03 billion from $20.27 billion a year ago, while the consensus on Capital IQ was for $17.54 billion. Earnings shrank to $0.74 a share from $1.38 previously, while the Street was expecting $0.82.

Citi reported a profit of $4.55 billion, or $2.19 per share, compared with $6.19 billion, or $2.85 a share, a year earlier. That beat the $1.68 per share expected by analysts polled by FactSet.

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Ljoney
·2022-07-18
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WJ77
·2022-07-16
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EKT
·2022-07-15
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Nue
·2022-07-15
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erickhoosg
·2022-07-15
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blessed_1
·2022-07-15
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InvisibleP
·2022-07-15
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Chowloon
·2022-07-15
Good
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KYBoo
·2022-07-15
Goog
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Home22
·2022-07-15
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