Monday, July 16, 2018

Bank Of America Q2 Profit Surges; Revenue Up 3% Excl. Prior Year Gain

Bank of America Corp. (BAC) reported that its second-quarter earnings per share was up 43% year-over-year to $0.63. On average, 20 analysts polled by Thomson Reuters expected the company to report profit per share of $0.57 for the quarter. Analysts' estimates typically exclude special items. Net income to shareholders increased to $6.5 billion from $4.8 billion, driven by improved operating performance and the benefits of tax reform .

from RTT - Earnings https://ift.tt/2LgZmOc
via IFTTT

No comments:

Post a Comment