Bank of America Q3 2024 Adj Sales $25.492B Beat $25.29B Estimate
Portfolio Pulse from Benzinga Newsdesk
Bank of America reported Q3 2024 earnings of $0.81 per share, surpassing the analyst consensus of $0.78. The company's sales reached $25.49 billion, exceeding expectations of $25.29 billion and marking a 0.68% increase from the previous year.
October 15, 2024 | 10:46 am
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POSITIVE IMPACT
Bank of America exceeded Q3 2024 earnings and sales estimates, reporting $0.81 EPS and $25.49B in sales. This performance indicates strong financial health and could positively influence investor sentiment.
Bank of America's Q3 2024 earnings and sales both exceeded analyst expectations, which is likely to boost investor confidence and positively impact the stock price in the short term. The earnings per share beat by 3.85% and sales beat by 0.81% demonstrate the company's strong performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100