Markets

Pre-Market Earnings Report for July 12, 2013 : WFC, JPM, WBS

The following companies are expected to report earnings prior to market open on 07/12/2013. Visit our Earnings Calendar for a full list of expected earnings releases.

Wells Fargo & Company ( WFC ) is reporting for the quarter ending June 30, 2013. The bank company's consensus earnings per share forecast from the 18 analysts that follow the stock is $0.93. This value represents a 13.41% 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 5.75%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for WFC is 11.34 vs. an industry ratio of 13.20.

J P Morgan Chase & Co ( JPM ) is reporting for the quarter ending June 30, 2013. The bank company's consensus earnings per share forecast from the 18 analysts that follow the stock is $1.44. This value represents a 19.01% increase compared to the same quarter last year. In the past year JPM has beat the expectations every quarter. The highest one was in the 1st calendar quarter where they beat the consensus by 15.22%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for JPM is 9.49 vs. an industry ratio of 13.20.

Webster Financial Corporation ( WBS ) is reporting for the quarter ending June 30, 2013. The bank (northeast) company's consensus earnings per share forecast from the 11 analysts that follow the stock is $0.47. This value represents a 6.82% increase compared to the same quarter last year. WBS missed the consensus earnings per share in the 1st calendar quarter of 2013 by -2.22%. Zacks Investment Research reports that the 2013 Price to Earnings ratio for WBS is 14.17 vs. an industry ratio of 19.60.

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


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

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