Bank of America (NYSE: BAC) reported first-quarter 2021 financial results before the regular trading hours on Thursday. The banking giant reported Q1 revenue of $22.9 billion, flat year-over-year and above the Wall Street consensus. The company reported a net income of $0.86 per share, much better than what analysts had anticipated.
BAC shares rose 1.2% immediately following the announcement. The stock has gained 80% in the trailing 12 months.
Prior performance
Most Popular
What to look for when CVS Health (CVS) reports Q3 earnings
Healthcare company CVS Health Corporation (NYSE: CVS) is all set to report earnings next week, with Wall Street expecting a mixed outcome. The company has been facing challenges in certain
eBay (EBAY): A few factors that helped drive growth in Q3 2024
Shares of eBay Inc. (NASDAQ: EBAY) stayed green on Friday. The stock has gained 32% year-to-date. The ecommerce leader delivered revenue and earnings growth for the third quarter of 2024,
CVX Earnings: Chevron reports lower revenue and profit for Q3 2024
Energy exploration company Chevron Corporation (NYSE: CVX) on Friday announced third-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation dropped to