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

Market news

15 January 2020

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

Bank of America (BAC) reported Q4 FY 2019 earnings of $0.74 per share (versus $0.70 in Q4 FY 2018), beating analysts' consensus estimate of $0.69.

The company's quarterly revenues amounted to $22.300 bln (-1.8% y/y), in line with analysts' consensus estimate.

BAC fell to $35.25 (-0.20%) in pre-market trading.

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