Bank of America Q2 EPS $0.88 Beats $0.84 Estimate
Portfolio Pulse from Bill Haddad
Bank of America (NYSE:BAC) reported Q2 earnings of $0.88 per share, beating the analyst consensus estimate of $0.84 by 4.76 percent. This represents a 20.55 percent increase over earnings of $0.73 per share from the same period last year.
July 18, 2023 | 10:45 am
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Bank of America's Q2 earnings beat estimates, indicating a strong financial performance. This could potentially lead to a positive impact on its stock price.
Bank of America's earnings beat estimates, which is typically seen as a positive sign by investors and can lead to an increase in the stock price. The 20.55% YoY increase further strengthens this positive outlook.
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