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Wells Fargo Reports First-Quarter EPS of $1.60, Tops Estimate

Revenue of $21.45 billion came in below the $21.76 billion consensus estimate, according to the figures provided in the update.

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Terms & Concepts
  • EPS: Earnings per share, a profitability metric showing how much net income is attributed to each outstanding share.
  • Revenue: The total income a company generates from its business activities before expenses are deducted.