Company News: Bank of America (BAC) Q1 Earnings Meet Analysts’ Expectations

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14 April 2016

Company News: Bank of America (BAC) Q1 Earnings Meet Analysts’ Expectations

Bank of America reported Q1 FY 2016 earnings of $0.21 per share (versus $0.27 in Q1 FY 2015), in-line with analysts' consensus of $0.21.

The company's quarterly revenues amounted to $19.700 bln (-8% y/y), missing consensus estimate of $20.318 bln.

BAC fell to $13.60 (-1.38%) in pre-market trading.

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