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wells fargo reports strong earnings and declares quarterly dividend
Wells Fargo & Company reported earnings of $1.43 per share, surpassing estimates of $1.34, while revenue reached $20.38 billion, slightly below the expected $20.58 billion. The company declared a quarterly dividend of $0.40, yielding 2.26%, and has a payout ratio of 29.74%. Analysts maintain a "Moderate Buy" rating, with a consensus price target of $74.97.
Viking Holdings Ltd, primarily engaged in passenger shipping and tourism, operates a fleet of 92 vessels, including river, ocean, and expedition ships. Institutional investors own 98.84% of the stock, which has a current market cap of $17.57 billion and a "Moderate Buy" rating from analysts, with a consensus price target of $46.33. Recent earnings showed a 20.5% year-over-year revenue increase, with EPS surpassing estimates.
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