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Bank of America Q3 EPS USD0.20, shares up 1.5% in pre-market

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Investing.com - " Bank of America, the second largest U.S. bank, reported better-than-expected third-quarter earnings ahead of Wednesday's opening bell, sending its shares higher in pre-market trade.

Earlier in the day, in its third-quarter earnings report, Bank of America said earnings per share came in at USD0.20, above expectations for USD0.19.

The bank's third-quarter revenue totaled USD21.74 billion, missing estimates for revenue of USD21.95 billion.

Immediately after the earnings announcement, Bank of America shares rose 1.5% in trading prior to the opening bell.

Meanwhile, U.S. stock futures pointed to a higher open. The Dow Jones Industrial Average futures pointed to a gain of 0.4% at the open, S&P 500 futures added 0.4%, while the Nasdaq 100 futures indicated a rise of 0.3% at the open.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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