Company News for April 18, 2022
- MS shares of Morgan Stanley rose 0.8% after reporting adjusted earnings of $2.06 per share in the first quarter of 2022, beating Zacks’ consensus estimate of $1.69 per share.
- Wells Fargo & Company WFC shares shed 4.5% after reporting first-quarter 2022 revenue of $17.59 billion, lagging Zacks’ consensus estimate of $17.77 billion.
- Shares of Citigroup Inc. C gained 1.6% after reporting adjusted earnings of $2.02 per share in the first quarter of 2022, beating Zacks consensus estimate of $1.74 per share.
- Progressive Corporation’s PGR shares fell 1.6% after reporting adjusted earnings of $1.12 per share in the first quarter of 2022, lagging Zacks consensus estimate of $1.24 per share .
Just Released: Zacks Top 10 Stocks for 2022
In addition to the investment ideas discussed above, would you like to know our top 10 buy and hold tickers for all of 2022?
Last year 2021 Zacks Top 10 Stocks the portfolio generated gains as high as +147.7%. Now, a brand new portfolio has been selected from over 4,000 companies covered by the Zacks ranking. Don’t miss your chance to participate in this long term shopping
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.