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Wells Fargo profit beats estimates, cut to interest income forecast weighs on shares
Wells Fargo beat second-quarter profit estimates on Tuesday but cut its 2025 guidance for net interest income, dropping shares of the lender 3% in trading before the bell. The bank expects its interest income to be roughly in line with the 2024 level of $47.
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Higher NII & Non-Interest Income to Aid U.S. Bancorp's Q2 EarningsU.S. Bancorp USB is scheduled to report second-quarter 2025 results on July 17, 2025, before the opening bell. The company is ...
Wells Fargo beat Q2 earnings estimates with $1.60 EPS, lifted by strong fee income, while net interest income declined and ...
It may make sense to switch to another income-driven repayment plan, but you do not have to make the move by Aug. 1. Here's ...
Accelleron now expects constant-currency revenue growth for the full year to range from 16% to 19%, it said. Its previous guidance called for 4% to 6%. The company maintained its 2025 guidance for ...
German chemicals maker Covestro cut its full-year forecast on Friday, citing a continuously weak global economy without signs ...
Home Investing Six Key Earnings Terms Every Investor Should Know This handy guide will help you understand some of the jargon in corporate earnings reports and why it is important for investors to ...
While it’s easy to get caught up in the housing market roller-coaster, these three TSX stocks offer something different. They ...
Pirelli said earnings and cash generation could come in at the lower end of guidance this year if President Trump’s tariffs on the automotive industry remain in force.
Therefore, the interest coverage ratio is one of the important criteria to factor in before making any investment decision. Interest Coverage Ratio = Earnings before Interest & Taxes (EBIT ...
Interest is set to begin accruing for the 8 million borrowers enrolled in former President Joe Biden's SAVE repayment plan, ...
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