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WFC - Takeaways From Earnings Calls: Earnings Season Begins
Wells Fargo & Company
Earnings season kicked off in earnest this week and we are excited to start analysing the key themes from companies that have reported so far and from companies that reported last week.
We start with mapping analyst expectations for the S&P 500 for Q2 2020 as per Factset as of July 10th. Analysts expect the S&P 500 report a revenue decline of -10.8% and an earnings decline of -44.6% for Q2 2020. Should the earnings decline materialize, it