Wells Fargo's Winning Streak Under Threat

(TheStreet) -- Wells Fargo WFC has managed to out-earn the other members of the "big four" club of U.S. banks, and analysts expect the streak to continue when the company reports its second-quarter results on Tuesday. But there may be some dark clouds gathering as it battles to keep revenues up and mortgage losses under control. The consensus among analysts polled by Thomson Reuters is for Wells Fargo to post a second-quarter profit of 69 cents a share, improving rom 67 cents in the first quarter and 55 cents in the second quarter of 2010. The analysts also expect a 4.4% year-over-year decline in revenue. Continue reading the article.
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