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Wells Fargo & Co Bottom Line Climbs In Q2

Wells Fargo & Co (WFC) reported a profit for its second quarter that climbed from last year.

The company's earnings came in at $5.85 billion, or $1.30 per share. This compares with $4.79 billion, or $0.98 per share, in last year's second quarter.

Analysts had expected the company to earn $1.15 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 0.1% to $21.58 billion from $21.55 billion last year.

Wells Fargo & Co earnings at a glance:

-Earnings (Q2): $5.85 Bln. vs. $4.79 Bln. last year.
-EPS (Q2): $1.30 vs. $0.98 last year.
-Analysts Estimate: $1.15
-Revenue (Q2): $21.58 Bln vs. $21.55 Bln last year.

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