Wells Fargo (NYSE:WFC) reported quarterly earnings of $1.56 per share which missed the analyst consensus estimate of $1.58 by 1.27 percent. This is a 22.83 percent increase over earnings of $1.27 per share from the same period last year. The company reported quarterly sales of $21.446 billion which missed the analyst consensus estimate of $21.767 billion by 1.48 percent. This is a 6.44 percent increase over sales of $20.149 billion the same period last year.