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Notizie economiche
12.01.2024

Company news: Bank of America (BAC) quarterly earnings beat analysts’ expectations

Bank of America (BAC) reported Q4 FY2023 earnings of $0.70 per share (versus $0.85 per share in Q4 FY2022), beating analysts’ consensus estimate of $0.53 per share.

The company’s quarterly revenues amounted to $22.000 bln (-10.2% y/y), missing analysts’ consensus estimate of $23.703 bln.

BAC fell to $32.57 (-1.75%) in pre-market trading.

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