Bank of America (BAC) closed at $33.42 within the newest buying and selling session, marking a +0.2
Bank of America (BAC) closed at $33.42 within the newest buying and selling session, marking a +0.21% transfer from the prior day. This transfer lagged the S&P 500’s day by day acquire of 0.42%. In the meantime, the Dow gained 0.15%, and the Nasdaq, a tech-heavy index, added 0.66%.
Previous to in the present day’s buying and selling, shares of the nation’s second-largest financial institution had gained 3.99% over the previous month. This has outpaced the Finance sector’s acquire of two.34% and lagged the S&P 500’s acquire of 4.09% in that point.
BAC will likely be trying to show energy because it nears its subsequent earnings launch. The corporate is predicted to report EPS of $0.69, down 1.43% from the prior-year quarter. In the meantime, our newest consensus estimate is asking for income of $22.22 billion, down 2.29% from the prior-year quarter.
For the complete 12 months, our Zacks Consensus Estimates are projecting earnings of $2.69 per share and income of $91.21 billion, which might signify adjustments of +3.07% and -0.04%, respectively, from the prior 12 months.
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