SAN FRANCISCO (dpa-AFX) - Wells Fargo & Co (WFC) reported a profit for its third quarter that rose from the same period last year.
The company's profit came in at $5.45 billion, or $1.13 per share. This compares with $4.13 billion, or $0.83 per share, in last year's third quarter.
Analysts had expected the company to earn $1.17 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 0.4% to $21.94 billion from $21.85 billion last year.
Wells Fargo & Co earnings at a glance:
-Earnings (Q3): $5.45 Bln. vs. $4.13 Bln. last year. -EPS (Q3): $1.13 vs. $0.83 last year. -Analysts Estimate: $1.17 -Revenue (Q3): $21.94 Bln vs. $21.85 Bln last year.
Copyright RTT News/dpa-AFX