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Market News
17.07.2019, 12:18

Company News: Bank of America (BAC) quarterly earnings beat analysts’ estimate

Bank of America (BAC) reported Q2 FY 2019 earnings of $0.74 per share (versus $0.63 in Q2 FY 2018), beating analysts’ consensus of $0.71.

The company’s quarterly revenues amounted to $23.100 bln (+2.7% y/y), generally in line with analysts’ consensus estimate of $23.130 bln.

BAC fell to $28.86 (-0.45%) in pre-market trading.

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