Wells Fargo posts earnings of $1.05 a share vs. $1.04 expected

This is a breaking news story. Wall Street had expected Wells Fargo to deliver quarterly earnings per share of $1.04 on $21.76 billion in revenue, according to consensus estimates from Thomson Reuters. Earlier this week, General Electric announced that it would sell its commercial lending and leasing businesses worth more than $30 billion to Wells Fargo.