Bank of America Profit Falls From Year Earlier and Misses Estimates

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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.

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Comment（10）

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.
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BhaskarB
·2022-07-18
Ok
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BhaskarB
·2022-07-18
Ok
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BhaskarB
·2022-07-18
Ok
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Stvl
·2022-07-18
Ok
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n86887
·2022-07-18
[Facepalm]
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生肉麵加豬油渣
·2022-07-18
just dont dampen the sentiments [Pitiful]
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Ah Deck
·2022-07-18
Oh
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BoonHuat
·2022-07-18
Not too bad.
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Black83black
·2022-07-18
Expected bac to have a double Beat on eps and revenue. 😮
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dont dampen the sentiments&nbsp;[Pitiful]&nbsp;","listText":"just dont dampen the sentiments&nbsp;[Pitiful]&nbsp;","text":"just dont dampen the sentiments [Pitiful]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9075393457","repostId":2252235531,"repostType":4,"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":2,"crmLevelSwitch":1,"authorIdStr":"4098445225447010","idStr":"4098445225447010"},"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":7,"crmLevelSwitch":1,"authorIdStr":"3574549633778650","idStr":"3574549633778650"},"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/6444b4970948c1077534c593eccd6d16","crmLevel":7,"crmLevelSwitch":1,"authorIdStr":"3576542985729070","idStr":"3576542985729070"},"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":10,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}