Bank of America earnings, Revenue beat in Q3

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Bank of America earnings, Revenue beat in Q3
Credit: © Reuters.

Investing.com - Bank of America (NYSE: BAC ) reported on Monday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Bank of America announced earnings per share of $0.81 on revenue of $24.50. Analysts polled by Investing.com anticipated EPS of $0.78 on revenue of $23.56B.

Bank of America shares are down 28% from the beginning of the year and are trading at $31.70 , down-from-52-week-high.

Bank of America follows other major Financial sector earnings this month

Bank of America's report follows an earnings beat by JPMorgan on Friday, who reported EPS of $3.12 on revenue of $32.7B, compared to forecasts EPS of $2.92 on revenue of $32.13B.

Wells Fargo&Co had beat expectations on Friday with third quarter EPS of $1.3 on revenue of $19.51B, compared to forecast for EPS of $1.1 on revenue of $18.76B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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