U.S. Markets close in 22 mins

Bank of America Earnings, Revenue Beat in Q3

Bank of America Earnings, Revenue Beat in Q3

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

The firm reported earnings per share of $0.56 on revenue of $22.81B. Analysts polled by Investing.com forecast EPS of $0.55 on revenue of $22.59B. That compared to EPS of $0.66 on revenue of $22.78B in the same period a year earlier. The company had reported EPS of $0.74 on revenue of $23.08B in the previous quarter.

Bank of America follows other major Financial sector earnings this month

On Tuesday, JPMorgan reported third quarter EPS of $2.68 on revenue of $30.06B, compared to forecasts of EPS of $2.45 on revenue of $28.46B.

UnitedHealth earnings beat analysts' expectations on Tuesday, with third quarter EPS of $3.88 on revenue of $60.35B. Investing.com analysts expected EPS of $3.75 on revenue of $59.75B

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

Related Articles

Bank of America beats profit estimates on stock trading, lending gains

Huawei's third-quarter revenue jumps 27% as smartphone sales surge

Ride-hailing companies Uber, Lyft won't testify before Congress: report