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Benzinga
Benzinga
Business
Zacks

Bank Of America (BAC) Misses Q2 Earnings And Revenue Estimates

Bank of America Zacks NYSE

Bank of America (NYSE:BAC) came out with quarterly earnings of $0.73 per share, missing the Zacks Consensus Estimate of $0.77 per share. This compares to earnings of $1.03 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of -5.19%. A quarter ago, it was expected that this nation's second-largest bank would post earnings of $0.76 per share when it actually produced earnings of $0.80, delivering a surprise of 5.26%.

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