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

Bank of America (BAC) reported Q2 FY2024 earnings of $0.83 per share (versus $0.88 per share in Q2 FY2023), beating analysts’ consensus estimate of $0.80 per share.

The company’s quarterly revenues amounted to $25.377 bln (+0.7% y/y), slightly beating analysts’ consensus estimate of $25.223 bln.

BAC rose to $42.75 (+2.05%) in pre-market trading.