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Recession risks are fading, business economists say, but political tensions pose threat to economy
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S&P 500   5,026.61
DOW   38,671.69
QQQ   437.05
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S&P 500   5,026.61
DOW   38,671.69
QQQ   437.05
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The World's First "$20 Trillion Drug (Ad)
Mardi Gras beads are creating a plastic disaster in New Orleans. Are there green alternatives?
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Venezuela defends military buildup, accusing neighboring Guyana of granting illegal oil contracts
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Bank of America (BAC) Earnings Date, Estimates & Call Transcripts

$33.07
-0.05 (-0.15%)
(As of 02/9/2024 08:55 PM ET)

Earnings Summary

Upcoming
Earnings Date
Apr. 16Estimated
Actual EPS
(Jan. 12)
$0.70 Beat By $0.01
Consensus EPS
(Jan. 12)
$0.69
Skip Charts & View Estimated and Actual Earnings Data

BAC Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

BAC Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Bank of America Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20243$0.77$0.84$0.81
Q2 20243$0.77$0.87$0.81
Q3 20243$0.70$0.85$0.77
Q4 20243$0.64$0.88$0.75
FY 202412$2.88$3.44$3.14
Q1 20252$0.80$0.82$0.81
Q2 20252$0.83$0.89$0.86
Q3 20252$0.84$0.90$0.87
Q4 20252$0.86$0.89$0.88
FY 20258$3.33$3.50$3.42

BAC Earnings Date and Information

Bank of America last issued its earnings data on January 12th, 2024. The financial services provider reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.69 by $0.01. The firm had revenue of $22 billion for the quarter, compared to analysts' expectations of $23.70 billion. Its quarterly revenue was down 10.2% compared to the same quarter last year. Bank of America has generated $3.07 earnings per share over the last year ($3.07 diluted earnings per share) and currently has a price-to-earnings ratio of 10.8. Earnings for Bank of America are expected to grow by 7.64% in the coming year, from $3.14 to $3.38 per share. Bank of America has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Tuesday, April 16th, 2024 based off prior year's report dates.

Bank of America Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
4/16/2024
Estimated)
------- 
1/12/2024Q4 2023$0.69$0.70+$0.01$1.05$23.70 billion$22.00 billion    
10/17/2023Q3 2023$0.83$0.90+$0.07$0.90$25.13 billion$25.20 billion    
7/18/2023Q2 2023$0.84$0.88+$0.04$0.88$24.98 billion$25.20 billion    
4/18/2023Q1 2023$0.83$0.94+$0.11$0.94$25.28 billion$26.26 billion    
1/13/2023Q4 2022$0.76$0.85+$0.09$0.85$24.17 billion$24.50 billion    
10/17/2022Q3 2022$0.79$0.81+$0.02$0.81$23.46 billion$24.50 billion    
7/18/2022Q2 2022$0.77$0.73($0.04)$0.73$22.79 billion$22.69 billion    
4/18/2022Q1 2022$0.76$0.80+$0.04$0.80$23.09 billion$23.20 billion    
1/19/2022Q4 2021$0.76$0.82+$0.06$0.82$22.19 billion$22.06 billion    
10/14/2021Q3 2021$0.71$0.85+$0.14$0.85$21.60 billion$22.77 billion    
7/14/2021Q2 2021$0.77$1.03+$0.26$1.03$21.77 billion$21.50 billion    
4/15/2021Q1 2021$0.65$0.86+$0.21$0.86$21.67 billion$22.80 billion  












Bank of America Earnings - Frequently Asked Questions

When is Bank of America's earnings date?

Bank of America has not confirmed its next earnings publication date, but the company's estimated earnings date is Tuesday, April 16th, 2024 based off last year's report dates. Learn more on BAC's earnings history.

Did Bank of America beat their earnings estimates last quarter?

In the previous quarter, Bank of America (NYSE:BAC) reported $0.70 earnings per share (EPS) to beat the analysts' consensus estimate of $0.69 by $0.01. Learn more on analysts' earnings estimate vs. BAC's actual earnings.

How can I listen to Bank of America's earnings conference call?

The conference call for Bank of America's latest earnings report can be listened to online. Listen to Conference Call

How can I read Bank of America's conference call transcript?

The conference call transcript for Bank of America's latest earnings report can be read online. Read Transcript

How much revenue does Bank of America generate each year?

Bank of America (NYSE:BAC) has a recorded annual revenue of $98.58 billion.

How much profit does Bank of America generate each year?

Bank of America (NYSE:BAC) has a recorded net income of $26.52 billion. BAC has generated $3.07 earnings per share over the last four quarters.

What is Bank of America's price-to-earnings ratio?

Bank of America (NYSE:BAC) has a trailing price-to-earnings ratio of 10.77 and a forward price-to-earnings ratio of 10.53. The price/earnings-to-growth ratio is 1.51.

What is Bank of America's EPS forecast for next year?

Bank of America's earnings are expected to grow from $3.14 per share to $3.38 per share in the next year, which is a 7.64% increase.


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This page (NYSE:BAC) was last updated on 2/12/2024 by MarketBeat.com Staff

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