What to Watch in the Week: Wells Fargo Steps Up to the Earnings Plate
In 'What to Watch on Wall Street' for the week of January 11, a handful of earnings are scheduled to be released. The ones to look out for are Alcoa (AA) starting off the week, then we have CSX (CSX) on Tuesday and Intel (INTC) on Thursday. Towards the end of the week, we also hear from major banks like JPMorgan Chase (JPM), Citigroup (C) and Wells Fargo (WFC). When the banking and financial services company reports its latest earnings, analysts are calling for $1.03 a share on revenue of nearly $22 billion. Both the top and bottom line are expected to increase from a year ago when the company reported $1.02 a share on revenue of $21.44 billion. According to The Wall Street Journal, Wells Fargo is likely to be one of the few banks that tops analysts' expectations, which could catalyze a run up stock in the near term.









