Update: Wells Fargo Shares Fall After Q1 Results
(Updates to add the latest stock move in the headline and the first paragraph.)Wells Fargo (WFC) shares were down more than 4% in early Tuesday trading after the company posted its results for Q1.The company reported quarterly earnings of $1.60 per diluted share, up from $1.39 a year earlier.Analysts polled by FactSet expected $1.58.Revenue for the quarter ended Mar 31 was $21.45 billion, compared with $20.15 billion a year earlier.Analysts surveyed by FactSet expected $21.79 billion.Price: $82.71, Change: $-3.93, Percent Change: -4.54%