Bank of America Corporation (BAC) will report its next earnings on Apr 16 BMO. The company reported the earnings of $0.62/Share in the last quarter where the estimated EPS by analysts was $0.59/share. The difference between the expected and actual EPS was $0.03/share, which represents an Earnings surprise of 5.1%.
Many analysts are providing their Estimated Earnings analysis for Bank of America Corporation and for the current quarter 24 analysts have projected that the stock could give an Average Earnings estimate of $0.64/share. These analysts have also projected a Low Estimate of $0.6/share and a High Estimate of $0.67/share.
In case of Revenue Estimates, 9 analysts have provided their consensus Average Revenue Estimates for Bank of America Corporation as 23.22 Billion. According to these analysts, the Low Revenue Estimate for Bank of America Corporation is 22.85 Billion and the High Revenue Estimate is 23.65 Billion. The company had Year Ago Sales of 23.07 Billion.
Some buy side analysts are also providing their Analysis on Bank of America Corporation, where 6 analysts have rated the stock as Strong buy, 0 analysts have given a Buy signal, 4 said it’s a HOLD, and 0 analysts rated the stock as Sell. (These Recommendations are for the Current Month Only reported by Yahoo Finance.)
The Relative Volume of the company is 1.01 and Average Volume (3 months) is 71.42 million. The company’s P/E (price to earnings) ratio is 15.72 and Forward P/E ratio of 10.59.
The company shows its Return on Assets (ROA) value of 0.8%. The Return on Equity (ROE) value stands at 7.6%. While it’s Return on Investment (ROI) value is 4.8%.
While looking at the Stock’s Performance, Bank of America Corporation currently shows a Weekly Performance of 3.85%, where Monthly Performance is 0.79%, Quarterly performance is -1.7%, 6 Months performance is 10.7% and yearly performance percentage is 28.11%. Year to Date performance value (YTD perf) value is 4.07%. The Stock currently has a Weekly Volatility of 2.28% and Monthly Volatility of 2.04%.