Bank of America Profit Falls From Year Earlier and Misses Estimates

42
Comment
Favorite

Bank of America Profit Falls From Year Earlier and Misses Estimates

Dow Jones2022-07-18

Bank of America reported second-quarter earnings of $6.2 billion, or 73 cents a share.

Shares of Bank of America (ticker: BAC) were falling 1.46% in premarket trading Monday to $31.78.

Analysts surveyed by FactSet expected the bank to earn 75 cents a share in the second quarter vs. year-earlier profit of $1.03.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

Remotecam
·2022-07-18
BAC just missed earnings estimates because it increased its loan-loss reserve. Revenue tops estimate but market punish it with -1% premarket drop as of 7.45am.Goldman Sachs report better than expected results. Stock is up +4%. Thank goodness for GS.
Reply
Like
Report
BhaskarB
·2022-07-18
Ok
Reply
1
Report
BhaskarB
·2022-07-18
Ok
Reply
1
Report
BhaskarB
·2022-07-18
Ok
Reply
1
Report
Stvl
·2022-07-18
Ok
Reply
2
Report
TigerEye
·2022-07-18
[Facepalm]
Reply
3
Report
Ah Deck
·2022-07-18
Oh
Reply
2
Report
BoonHuat
·2022-07-18
Not too bad.
Reply
2
Report
Black83black
·2022-07-18
Expected bac to have a double Beat on eps and revenue. 😮
Reply
2
Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/2252235531?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2022-07-18 18:48","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2252235531","market":"us","top_or_hot":-1,"title":"Bank of America Profit Falls From Year Earlier and Misses Estimates","media":"Dow Jones","content":"<html><head></head><body><p>Bank of America reported second-quarter earnings of $6.2 billion, or 73 cents a share.</p><p>Shares of Bank of America (ticker: BAC) were falling 1.46% in premarket trading Monday to $31.78.</p><p><img src=\"https://static.tigerbbs.com/7d2d9c6f7a933d804b04f8ea0bc5e493\" tg-width=\"818\" tg-height=\"839\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Analysts surveyed by FactSet expected the bank to earn 75 cents a share in the second quarter vs. year-earlier profit of $1.03.</p><p></p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bank of America Profit Falls From Year Earlier and Misses Estimates</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBank of America Profit Falls From Year Earlier and Misses Estimates\n</h2>\n\n<h4 class=\"meta\">\n\n2022-07-18 18:48 北京时间&nbsp;&nbsp;&nbsp;<strong>Dow Jones</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bank of America reported second-quarter earnings of $6.2 billion, or 73 cents a share.Shares of Bank of America (ticker: BAC) were falling 1.46% in premarket trading Monday to $31.78.Analysts surveyed...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4207","symbol_name":"综合性银行","start_time":0,"source_url":"","article_id":"2252235531","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2252235531","pubTimestamp":1658141280,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Bank of America reported second-quarter earnings of $6.2 billion, or 73 cents a share.Shares of Bank","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4207":"综合性银行","BK4553":"喜马拉雅资本持仓","BAC":"美国银行","BK4534":"瑞士信贷持仓","BK4559":"巴菲特持仓","BK4581":"高盛持仓","BK4504":"桥水持仓"},"translate_title":"美国银行利润同比下降，低于预期","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BAC":1},"content_text":"Bank of America reported second-quarter earnings of $6.2 billion, or 73 cents a share.Shares of Bank of America (ticker: BAC) were falling 1.46% in premarket trading Monday to $31.78.Analysts surveyed by FactSet expected the bank to earn 75 cents a share in the second quarter vs. year-earlier profit of $1.03.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":0},"commentList":[{"id":9075336560,"gmtCreate":1658144927950,"gmtModify":1676536111878,"author":{"id":"4093854476996450","authorId":"4093854476996450","name":"Remotecam","avatar":"https://community-static.tradeup.com/news/0668b3779e1a7691fc66252c07b458d0","vip":1,"crmLevel":6,"crmLevelSwitch":1},"htmlText":"BAC just missed earnings estimates because it increased its loan-loss reserve.&nbsp; Revenue tops estimate but market punish it with -1% premarket drop as of 7.45am.Goldman Sachs report better than expected results. Stock is up +4%.&nbsp; Thank goodness for GS.","listText":"BAC just missed earnings estimates because it increased its loan-loss reserve.&nbsp; Revenue tops estimate but market punish it with -1% premarket drop as of 7.45am.Goldman Sachs report better than expected results. Stock is up +4%.&nbsp; Thank goodness for GS.","text":"BAC just missed earnings estimates because it increased its loan-loss reserve. Revenue tops estimate but market punish it with -1% premarket drop as of 7.45am.Goldman Sachs report better than expected results. Stock is up +4%. Thank goodness for GS.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9075336560","repostId":2252235531,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9075394465,"gmtCreate":1658143526657,"gmtModify":1676536111732,"author":{"id":"3576055655100541","authorId":"3576055655100541","name":"BhaskarB","avatar":"https://static.tigerbbs.com/ae63d5d863287dbf3e7d25ef9ab845e0","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9075394465","repostId":2252235531,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9075394683,"gmtCreate":1658143510842,"gmtModify":1676536111715,"author":{"id":"3576055655100541","authorId":"3576055655100541","name":"BhaskarB","avatar":"https://static.tigerbbs.com/ae63d5d863287dbf3e7d25ef9ab845e0","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9075394683","repostId":2252235531,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9075394815,"gmtCreate":1658143500737,"gmtModify":1676536111715,"author":{"id":"3576055655100541","authorId":"3576055655100541","name":"BhaskarB","avatar":"https://static.tigerbbs.com/ae63d5d863287dbf3e7d25ef9ab845e0","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9075394815","repostId":2252235531,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9075398254,"gmtCreate":1658142651878,"gmtModify":1676536111550,"author":{"id":"4113571250167512","authorId":"4113571250167512","name":"Stvl","avatar":"https://community-static.tradeup.com/news/33fc221b968c639b19a68aab3263bbd6","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9075398254","repostId":2252235531,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9075391423,"gmtCreate":1658142488262,"gmtModify":1676536111527,"author":{"id":"4110119270548472","authorId":"4110119270548472","name":"TigerEye","avatar":"https://community-static.tradeup.com/news/c510165e512da25b8a7521d146874ef1","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"[Facepalm]&nbsp;","listText":"[Facepalm]&nbsp;","text":"[Facepalm]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9075391423","repostId":2252235531,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9075399034,"gmtCreate":1658142103528,"gmtModify":1676536111463,"author":{"id":"4098445225447010","authorId":"4098445225447010","name":"Ah Deck","avatar":"https://static.tigerbbs.com/0e52eb1e14e0f630d24f1687ea546cd8","vip":1,"crmLevel":3,"crmLevelSwitch":1},"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9075399034","repostId":2252235531,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9075307841,"gmtCreate":1658141903983,"gmtModify":1676536111417,"author":{"id":"3574549633778650","authorId":"3574549633778650","name":"BoonHuat","avatar":"https://static.tigerbbs.com/f64154b666040668c472fc3731becde7","vip":1,"crmLevel":6,"crmLevelSwitch":1},"htmlText":"Not too bad.","listText":"Not too bad.","text":"Not too bad.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9075307841","repostId":2252235531,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9075304766,"gmtCreate":1658141842855,"gmtModify":1676536111410,"author":{"id":"3576542985729070","authorId":"3576542985729070","name":"Black83black","avatar":"https://community-static.tradeup.com/news/dc5940f5fefb9966b35345e7dd1aa9b8","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":8,"crmLevelSwitch":1},"htmlText":"Expected bac to have a double Beat on eps and revenue. 😮","listText":"Expected bac to have a double Beat on eps and revenue. 😮","text":"Expected bac to have a double Beat on eps and revenue. 😮","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9075304766","repostId":2252235531,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":42,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}