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.