Company News for January 18, 2022
- JPM shares of JPMorgan Chase & Co. plunged 6.2% after its chief financial officer said the company was at risk of missing its profit target over the next two years due to higher expenses and subdued revenues.
- WFC shares of Wells Fargo & Co. jumped 3.7% after the company reported adjusted earnings per share of $1.38 in the fourth quarter of 2021, beating Zacks consensus estimate of $1.09 .
- Shares of Washington Federal Inc. WAFD gained 1.9% after posting adjusted earnings per share of $0.71 in the first quarter of fiscal 2022, beating the Zacks consensus estimate of $0.69.
- Shares of The Sherwin-Williams Co. SHW fell 2.8% after slashing full-year guidance as supply chain issues are likely to persist through the current quarter.
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