Company news: Bank of America’s (BAC) quarterly results beat analysts’ estimates

Bank of America (BAC) reported Q3 FY2024 earnings of $0.81 per share (versus $0.90 per share in Q3 FY2023), beating analysts’ consensus estimate of $0.76 per share.

The company’s quarterly revenues amounted to $25.300 bln (+0.4% y/y), slightly beating analysts’ consensus estimate of $25.253 bln.

BAC rose to $42.42 (+1.22%) in pre-market trading.