Company News: Bank of America (BAC) quarterly earnings beat analysts’ estimate

Market news

17 January 2018

Company News: Bank of America (BAC) quarterly earnings beat analysts’ estimate

Bank of America (BAC) reported Q4 FY 2017 earnings of $0.47 per share (versus $0.40 in Q4 FY 2016), beating analysts' consensus estimate of $0.45.

The company's quarterly revenues amounted to $20.687 bln (+3.5% y/y), missing analysts' consensus estimate of $21.605 bln.

BAC rose to $31.36 (+0.38%) in pre-market trading.

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