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Bank of America (BAC) Q3 Earnings and Revenues Beat Estimates
Bank of America (BAC) came out with quarterly earnings of $0.56 per share, beating the Zacks Consensus Estimate of $0.50 per share. This compares to earnings of $0.66 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 12%. A quarter ago, it was expected that this nation's second-largest bank would post earnings of $0.70 per share when it actually produced earnings of $0.74, delivering a surprise of 5.71%.
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 $22.81 billion for the quarter ended September 2019, surpassing the Zacks Consensus Estimate by 2.82%. This compares to year-ago revenues of $22.78 billion.
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https://finance.yahoo.com/news/bank-amer...12014.html
![[Bild: BACc1dl1443.png]](https://finviz.com/publish/101719/BACc1dl1443.png)
Bank of America (BAC) came out with quarterly earnings of $0.56 per share, beating the Zacks Consensus Estimate of $0.50 per share. This compares to earnings of $0.66 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 12%. A quarter ago, it was expected that this nation's second-largest bank would post earnings of $0.70 per share when it actually produced earnings of $0.74, delivering a surprise of 5.71%.
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 $22.81 billion for the quarter ended September 2019, surpassing the Zacks Consensus Estimate by 2.82%. This compares to year-ago revenues of $22.78 billion.
...
https://finance.yahoo.com/news/bank-amer...12014.html
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