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Why I Was Right About Wells Fargo and JPMorgan

By Matt Koppenheffer and David Hanson - Apr 12, 2013 at 3:40PM

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Did Wells Fargo and JPMorgan hit or miss on earnings?

In the following video, Motley Fool financials analysts Matt Koppenheffer and David Hanson discuss a little bet they made, on whether or not Wells Fargo (WFC -0.79%) and JPMorgan (JPM -0.82%) would beat earnings expectations, or miss them. So how did the results come out? And what does hitting or missing earnings expectations mean for these two giant banks? 

 

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Stocks Mentioned

Wells Fargo & Company Stock Quote
Wells Fargo & Company
WFC
$41.67 (-0.79%) $0.33
JPMorgan Chase & Co. Stock Quote
JPMorgan Chase & Co.
JPM
$117.34 (-0.82%) $0.97

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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