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Bank of America announced earnings per share of $0.37 on revenue of $22.33B. Analysts polled by Investing.com anticipated EPS of $0.29 on revenue of $21.62B.
Bank of America shares are down 30% from the beginning of the year , still down 31.13% from its 52 week high of $35.72 set on December 27, 2019. They are under-performing the S&P 500 which is down 0.13% from the start of the year.
Bank of America’s report follows an earnings beat by JPMorgan on Tuesday, who reported EPS of $1.38 on revenue of $33.82B, compared to forecasts EPS of $1.19 on revenue of $30.41B.
UnitedHealth had beat expectations on Wednesday with second quarter EPS of $7.12 on revenue of $62.14B, compared to forecast for EPS of $5.18 on revenue of $63.34B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
