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Notizie economiche
16.04.2024

Company news: Bank of America’s (BAC) quarterly results beat analysts’ estimates

Bank of America (BAC) reported Q1 FY2024 earnings of $0.83 per share (versus $0.94 per share in Q1 FY2023), beating analysts’ consensus estimate of $0.76 per share.

The company’s quarterly revenues amounted to $25.818 bln (-1.7% y/y), beating analysts’ consensus estimate of $25.487 bln.

BAC fell to $35.63 (-0.89%) in pre-market trading.

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