$WFC weekly chart going into tomorrow's earnings print
Will the stock move to the $45.88 area or retest the $40.00 PL?
The consensus earnings estimate is $0.63 per share on revenue of $20.01 billion. Investor sentiment going into the company's earnings release has 45% expecting an earnings beat.
Consensus estimates are for earnings to decline year-over-year by 54.35% with revenue decreasing by 7.85%.
Overall earnings estimates have been revised lower since the company's last earnings release.
Option traders are pricing in a 5.2% move on earnings and the stock has averaged a 3.6% move in recent quarters.
The consensus earnings estimate is $0.63 per share on revenue of $20.01 billion. Investor sentiment going into the company's earnings release has 45% expecting an earnings beat.
Consensus estimates are for earnings to decline year-over-year by 54.35% with revenue decreasing by 7.85%.
Overall earnings estimates have been revised lower since the company's last earnings release.
Option traders are pricing in a 5.2% move on earnings and the stock has averaged a 3.6% move in recent quarters.
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