Pre-Market Earnings Report for July 11, 2014 : WFC, FAST

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The following companies are expected to report earnings prior to market open on 07/11/2014. Visit our Earnings Calendar for a full list of expected earnings releases.

Wells Fargo & Company ( WFC ) is reporting for the quarter ending June 30, 2014. The bank company's consensus earnings per share forecast from the 16 analysts that follow the stock is $1.01. This value represents a 3.06% increase compared to the same quarter last year. In the past year WFC has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 8.25%. Zacks Investment Research reports that the 2014 Price to Earnings ratio for WFC is 12.64 vs. an industry ratio of 14.40.

Fastenal Company ( FAST ) is reporting for the quarter ending June 30, 2014. The building company's consensus earnings per share forecast from the 9 analysts that follow the stock is $0.44. This value represents a 7.32% increase compared to the same quarter last year. The "days to cover" for this stock exceeds 21 days. Zacks Investment Research reports that the 2014 Price to Earnings ratio for FAST is 29.17 vs. an industry ratio of 21.40, implying that they will have a higher earnings growth than their competitors in the same industry.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: News Headlines , Earnings

Referenced Stocks: WFC , FAST

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