3 Things to Watch in Wells Fargo’s First Quarter Earnings Report

Wells Fargo (WFC) - Get Report  will release first quarter earnings on Thursday before the markets open. Analysts expect the San Francisco-based bank to report earnings of $0.98 on sales of $21.6 billion. During the same quarter last year, the bank posted net income of $1.04 with revenue of $21.28 billion. Morningstar senior equity analyst Jim Sinegal said Wells Fargo may come out unscathed from the spat of markets volatility seen earlier this year. Wells Fargo is a holding of Jim Cramer's charitable trust, Action Alerts PLUS. TheStreet's Scott Gamm reports from Wall Street.