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Wells Fargo & Co Bottom Line Rises In Q4

(RTTNews) - Wells Fargo & Co (WFC) announced a profit for its fourth quarter that climbed from the same period last year.

The company's earnings came in at $2.99 billion, or $0.64 per share. This compares with $2.87 billion, or $0.60 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.60 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 9.7% to $17.93 billion from $19.86 billion last year.

Wells Fargo & Co earnings at a glance:
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