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Stock impact report

Bank of America (BAC) Stock Sinks As Market Gains: Here's Why [Yahoo! Finance]

Bank of America Corporation (BAC) 
Last bank of america corporation earnings: 4/15 06:45 am Check Earnings Report
US:NYSE Investor Relations: investor.bankofamerica.com
Company Research Source: Yahoo! Finance
The stock fell short of the S&P 500, which registered a gain of 0.39% for the day. On the other hand, the Dow registered a loss of 0.13%, and the technology-centric Nasdaq increased by 0.6%. Heading into today, shares of the nation's second-largest bank had gained 10.47% over the past month, outpacing the Finance sector's gain of 3.06% and the S&P 500's gain of 1.06% in that time. The investment community will be closely monitoring the performance of Bank of America in its forthcoming earnings report. The company's earnings per share (EPS) are projected to be $0.80, reflecting a 14.29% increase from the same quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $25.25 billion, up 15.01% from the year-ago period. In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $3.27 per share and a revenue of $101.83 billion, indicating changes of -4.39% and +3.3%, respectively, from the former year. Furthermore, it would Show less Read more
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