* $Bank of America Corp(BAC-N)$ is expected to show a fall in quarterly revenue when it reports results on April 16 for the period ending March 31 2024
* The Charlotte North Carolina-based company is expected to report a 3.5% decrease in revenue to $25.464 billion from $26.39 billion a year ago, according to the mean estimate from 11 analysts, based on LSEG data. (Revenue represents Total revenue FTE basis)
* LSEG's mean analyst estimate for Bank of America Corp is for earnings of 77 cents per share.
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy," 12 "hold" and 1 "sell" or "strong sell."
* The mean earnings estimate of analysts was unchanged in the last three months.
* Wall Street's median 12-month price target for Bank of America Corp is $39.00, above its last closing price of $36.35.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Dec. 31 2023 0.69 0.68 0.70 Beat 2.6
Sep. 30 2023 0.82 0.82 0.90 Beat 10
Jun. 30 2023 0.85 0.84 0.88 Beat 4.6
Mar. 31 2023 0.80 0.82 0.94 Beat 15.1
Dec. 0.76 0.77 0.85 Beat 10.7
31 2022
Sep. 30 2022 0.79 0.77 0.81 Beat 4.8
Jun. 30 2022 0.75 0.75 0.78 Beat 4.5
Mar. 31 2022 0.75 0.75 0.80 Beat 6.9
This summary was machine generated April 12 at 12:43 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
