Wells Fargo shares closed up 1.23% at $81.44, outpacing the S&P 500's 0.66% gain on the day. The bank's stock has lost 10.58% over the past month, while the Finance sector fell 4.15% and the S&P 500 gained 0.55% over the same period. Investors are focused on Wells Fargo's upcoming earnings report, set for October 14, 2026, with the Zacks Consensus Estimate projecting earnings per share of $1.85, up 6.94% from the prior-year quarter, and revenue of $22.17 billion, up 3.43% year over year. For the full year, consensus estimates project earnings of $7.28 per share and revenue of $88.57 billion, representing changes of +15.92% and +5.82%, respectively, from the preceding year. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.23% higher, and Wells Fargo currently carries a Zacks Rank of #3 (Hold).
Wells Fargo & CompanyShares rose 1.23% ahead of the Oct 14 earnings report, but the article gives no company-specific cause beyond the pending earnings and consensus estimates.
