imageStock Markets7 minutes ago (Oct 14, 2021 06:48AM ET)

Bank of America Earnings, Revenue Beat in Q3

Investing.com – Bank of America (NYSE:BAC) reported on Thursday third quarter earnings that beat analysts’ forecasts and revenue that topped expectations.

Bank of America announced earnings per share of $0.85 on revenue of $22.77B. Analysts polled by Investing.com anticipated EPS of $0.7075 on revenue of $21.65B.

Bank of America shares are up 42% from the beginning of the year, still down 3.86% from its 52 week high of $44.87 set on October 7. They are outperforming the S&P 500 which is up 16.18% from the start of the year.

Bank of America follows other major Financial sector earnings this month

Bank of America’s report follows an earnings beat by JPMorgan on Wednesday, who reported EPS of $3.74 on revenue of $30.44B, compared to forecasts EPS of $3 on revenue of $29.86B.

UnitedHealth had beat expectations on Thursday with third quarter EPS of $4.52 on revenue of $72.34B, compared to forecast for EPS of $4.41 on revenue of $71.3B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

Bank of America Earnings, Revenue Beat in Q3

Related Articles

U.S. Bancorp Earnings, Revenue Beat in Q3

U.S. Bancorp Earnings, Revenue Beat in Q3
By Investing.com – Oct 14, 2021

Investing.com – U.S. Bancorp reported on Thursday third quarter earnings that beat analysts’ forecasts and revenue that topped expectations.
U.S. Bancorp announced earnings per…

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

image

Our Apps

DOWNLOAD APPApp store

Investing.com

(C) 2007-2021 Fusion Media Limited. All Rights Reserved

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

Bank of America Earnings, Revenue Beat in Q3