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Bank of America (BAC) Earnings Date, Estimates & Call Transcripts

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$44.17 +0.79 (+1.82%)
(As of 12/20/2024 05:45 PM ET)

Bank of America Latest Earnings Summary

Actual EPS
(Oct. 15)
$0.81 Beat By $0.03
Consensus EPS
(Oct. 15)
$0.78

Bank of America released Q3 2024 earnings on October 15, 2024, reporting an EPS of $0.81, which topped the consensus estimate of $0.78 by $0.03. Quarterly revenue rose .4% year-over-year to $25.30 billion, above analysts' expectations of $25.25 billion. With a trailing EPS of $2.75 and a P/E Ratio of 16.06, Bank of America's earnings are expected to grow 11.62% next year, from $3.27 to $3.65 per share.

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BAC Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

BAC Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Bank of America Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20243$0.77$0.84$0.80
Q2 20243$0.77$0.81$0.79
Q3 20243$0.70$0.79$0.76
Q4 20243$0.64$0.81$0.75
FY 202412$2.88$3.25$3.10
Q1 20252$0.78$0.86$0.82
Q2 20252$0.88$0.91$0.90
Q3 20252$0.89$0.93$0.91
Q4 20252$0.95$0.97$0.96
FY 20258$3.50$3.67$3.59
Q1 20261$0.89$0.89$0.89
Q2 20261$0.96$0.96$0.96
Q3 20261$0.95$0.95$0.95

Bank of America Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueDetails
10/15/2024Q3 2024$0.78$0.81+$0.03$0.81$25.25B$25.30B
7/16/2024Q2$0.79$0.83+$0.04$0.83$25.22B$25.38B
4/16/2024Q1 2024$0.77$0.83+$0.06$0.90$25.49B$25.82B
1/12/2024Q4 2023$0.69$0.70+$0.01$1.05$23.70B$22.00B
10/17/2023Q3 2023$0.83$0.90+$0.07$0.90$25.13B$25.20B
7/18/2023Q2 2023$0.84$0.88+$0.04$0.88$24.98B$25.20B
4/18/2023Q1 2023$0.83$0.94+$0.11$0.94$25.28B$26.26B
1/13/2023Q4 2022$0.76$0.85+$0.09$0.85$24.17B$24.50B

Bank of America Earnings - Frequently Asked Questions

Bank of America (NYSE:BAC) last announced its quarterly earning data on Tuesday, October 15, 2024. Learn more on BAC's earnings history.

In the previous quarter, Bank of America (NYSE:BAC) reported $0.81 earnings per share (EPS) to beat the analysts' consensus estimate of $0.78 by $0.03. Learn more on analysts' earnings estimate vs. BAC's actual earnings.

The conference call for Bank of America's latest earnings report can be listened to online.
Listen to Conference Call

The conference call transcript for Bank of America's latest earnings report can be read online.
Read Transcript

Bank of America (NYSE:BAC) has a recorded annual revenue of $98.50 billion.

Bank of America (NYSE:BAC) has a recorded net income of $26.52 billion. BAC has generated $2.75 earnings per share over the last four quarters.

Bank of America (NYSE:BAC) has a trailing price-to-earnings ratio of 16.06 and a forward price-to-earnings ratio of 13.51. The price/earnings-to-growth ratio is 1.55.

Bank of America's earnings are expected to grow from $3.27 per share to $3.65 per share in the next year, which is a 11.62% increase.

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This page (NYSE:BAC) was last updated on 12/21/2024 by MarketBeat.com Staff
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