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

Market news

16 July 2018

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

Bank of America (BAC) reported Q2 FY 2018 earnings of $0.63 per share (versus $0.46 in Q2 FY 2017), beating analysts' consensus estimate of $0.57.

The company's quarterly revenues amounted to $22.600 bln (-0.9% y/y), generally in-line with analysts' consensus estimate of $22.486 bln.

BAC rose to $28.91 (+1.26%) in pre-market trading.

Canada: Foreign Securities Purchases, May 2.18

Deutsche Bank says expects net income of around EUR400 million ($663.4 million) consensus estimate of EUR159 million - DJ

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.