Wells Fargo's 2nd-quarter earnings of $5.56 billion miss forecasts

July 15, 2016 12:33 PM

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Wells Fargo & Co. (WFC) on Friday reported second-quarter earnings of $5.56 billion.

The results fell short of Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $1.02 per share.

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