Categories AlphaGraphs, Earnings, Finance
Bank of America stock falls on revenue slip in Q3: Infographic
Bank of America (NYSE: BAC) reported third-quarter 2020 financial results before the opening bell on Wednesday. The banking giant reported an 11% decline in Q3 revenues to $20.45 billion, slightly missing the Wall Street consensus. Earnings of $0.51 per share were, meanwhile, stronger than what analysts had anticipated.
BAC shares fell 1.7% immediately following the announcement. The stock has slipped 28% since the beginning of this year.
CEO Brian Moynihan said, “Our Wealth Management business showed once again why it is an industry leader in providing timely advice and guidance to clients, and our Global Banking and Global Markets businesses continued to support the global economy by helping clients raise capital, manage risk and increase liquidity.”
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MRK Earnings: Merck Q1 2024 profit jumps on 9% revenue growth
Pharmaceutical company Merck & Co. Inc. (NYSE: MRK) reported a sharp increase in adjusted earnings for the first quarter of 2024, aided by an increase in revenues. First-quarter worldwide sales
Infographic: A snapshot of Caterpillar’s (CAT) Q1 2024 financial results
Caterpillar Inc. (NYSE: CAT), a leading manufacturer of construction and mining equipment, on Thursday reported first-quarter 2024 financial results. Sales and revenues for the first quarter of 2024 were $15.8
AAL Earnings: Key quarterly highlights from American Airlines’ Q1 2024 financial results
American Airlines Group Inc. (NASDAQ: AAL) reported its first quarter 2024 earnings results today. Total operating revenues increased 3.1% year-over-year to $12.5 billion. Net loss amounted to $312 million, or $0.48
