Tuesday, April 17, 2007

Wells Fargo profit rises 11 pct

(Reuters) - Analysts on average forecast profit of 65 cents per share, according to Reuters Estimates.

Revenue rose 10 percent to $9.44 billion, topping forecasts for $9.31 billion, while operating expenses rose 9 percent to $5.53 billion. Average loans grew 3 percent from a year earlier.


Read more at Reuters.com Business News

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