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Bank of America (BAC) Tops Q3 Earnings and Revenue Estimates
Bank of America (BAC) came out with quarterly earnings of $0.85 per share, beating the Zacks Consensus Estimate of $0.71 per share. This compares to earnings of $0.51 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 19.72%. A quarter ago, it was expected that this nation's second-largest bank would post earnings of $0.77 per share when it actually produced earnings of $1.03, delivering a surprise of 33.77%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Bank of America, which belongs to the Zacks Banks - Major Regional industry, posted revenues of $22.77 billion for the quarter ended September 2021, surpassing the Zacks Consensus Estimate by 4.77%. This compares to year-ago revenues of $20.34 billion.
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https://finance.yahoo.com/news/bank-amer...12331.html
![[Bild: BACd080281408i.png]](https://finviz.com/publish/101821/BACd080281408i.png)
Bank of America (BAC) came out with quarterly earnings of $0.85 per share, beating the Zacks Consensus Estimate of $0.71 per share. This compares to earnings of $0.51 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 19.72%. A quarter ago, it was expected that this nation's second-largest bank would post earnings of $0.77 per share when it actually produced earnings of $1.03, delivering a surprise of 33.77%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Bank of America, which belongs to the Zacks Banks - Major Regional industry, posted revenues of $22.77 billion for the quarter ended September 2021, surpassing the Zacks Consensus Estimate by 4.77%. This compares to year-ago revenues of $20.34 billion.
...
https://finance.yahoo.com/news/bank-amer...12331.html
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