• Company News: Bank of America (BAC) quarterly results beat analysts’ forecasts

Market news

18 April 2017

Company News: Bank of America (BAC) quarterly results beat analysts’ forecasts

Bank of America reported Q1 FY 2017 earnings of $0.41 per share (versus $0.21 in Q1 FY 2016), beating analysts' consensus estimate of $0.35.

The company's quarterly revenues amounted to $22.445 bln (+6.9% y/y), beating analysts' consensus estimate of $21.766 bln.

BAC rose to $23.00 (+0.83%) in pre-market trading.

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