Company News: Bank of America (BAC) Q3 EPS beat analysts’ estimate

Market news

13 October 2017

Company News: Bank of America (BAC) Q3 EPS beat analysts’ estimate

Bank of America (BAC) reported Q3 FY 2017 earnings of $0.48 per share (versus $0.41 in Q3 FY 2016), beating analysts' consensus estimate of $0.45.

The company's quarterly revenues amounted to $22.079 bln (+2.1% y/y), generally in-line with analysts' consensus estimate of $22.069 bln.

BAC rose to $25.70 (+0.98%) in pre-market trading.

U.S.: Retail sales, September 1.6% (forecast 1.7%)

British PM May's spokeswoman says there could be more to say on Brexit financial settlement at EU summit next week

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