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Company News for Oct 15, 2020

Zacks Equity Research
·1 min read
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  • Bank of America Corp.'s BAC shares tumbled 5.3% after the company reported third-quarter 2020 adjusted earnings per share of $0.51, missing the Zacks Consensus Estimate of $0.53.

  • Shares of Bed Bath & Beyond Inc. BBBY jumped 8.1% after the company announced offloading some of its non-core businesses for roughly $250 million.

  • Shares of Alcoa Corp. AA gained 2.2% after reporting third-quarter 2020 adjusted loss per share of $1.17, narrower-than the Zacks Consensus Estimate of a loss per share of $1.51

  • The Goldman Sachs Group Inc.'s GS shares rose 0.2% after the company posted third-quarter 2020 adjusted earnings per share of $9.68, surpassing the Zacks Consensus Estimate of $5.58. 


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