06:59 AM EDT, 04/11/2024 (MT Newswires) -- Wells Fargo ( WFC ) is due with its Q1 results in the pre-market session on Friday, April 12, and analysts polled by Capital IQ expect the company to report a profit of $1.09 per share on revenue of $20.1 billion.

The stock favors narrowing its moves between the sessions, with 38 reversal moves compared to 27 widening examples in the last 65 quarters. It favors longs off the downside and shorts off the upside.

Looking deeper into the performance data, WFC has recorded an earnings-driven extended-hours decline in 41 quarters and reversed direction in next-day regular session trade in 24 of those events, or 59% of the time. On the plus-side, WFC has posted an earnings-driven extended-hours gain in 24 quarters, reversing direction the following day in 14 of those events, or 58% of the time.

Price: 56.53, Change: -0.41, Percent Change: -0.72