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Bank of America Corp (NYSE:BAC) reported a fourth-quarter fiscal 2024 net income of $6.7 billion (versus $3.1 billion a year ago) and EPS of $0.82, beating the analyst consensus estimate of $0.77.
Banking giant Bank of America (NYSE:BAC) reported fourth-quarter earnings on Thursday, Jan. 16, that outperformed Wall Street's expectations. EPS of $0.82 came in ahead of the consensus estimate ...
Bank of America set the tone when CEO Brian Moynihan announced his firm’s “best-ever quarter” in trading, while Citigroup projects revenue increases in the high teens.
Even with inflows suggesting a turn in investor sentiment, Bank of America's "Bull & Bear Indicator" — released in the same report — remains pinned at 0.0, suggesting investors literally could ...
Image source: The Motley Fool. Bank of America (NYSE: BAC) Q4 2024 Earnings Call Jan 16, 2025, 11:00 a.m. ET. Contents: Prepared Remarks. Questions and Answers. Call Participants
Stocks received a boost Wednesday from encouraging inflation data and strong earnings from big banks. Bank of America and Morgan Stanley rounded out the strong results before Thursday's opening bell.
Of the 21% of S&P 500 companies that have reported so far, about 80% beat profit estimates by 5%, while 60% beat revenue estimates, according to data from Bank of America.
Tesla stock slipped on Tuesday after Bank of America said it sees shares fairly priced, with some risk to the downside. ... Murphy sees Tesla pushing its share of the auto market to 5% globally in ...