Investing.com – Financial institution of America (NYSE:) reported on Thursday third quarter that beat analysts’ forecasts and income that topped expectations.
Financial institution of America introduced earnings per share of $0.85 on income of $22.77B. Analysts polled by Investing.com anticipated EPS of $0.7075 on income of $21.65B.
Financial institution of America shares are up 42% from the start of the yr, nonetheless down 3.86% from its 52 week excessive of $44.87 set on October 7. They’re outperforming the S&P 500 which is up 16.18% from the beginning of the yr.
Financial institution of America follows different main Monetary sector earnings this month
Financial institution of America’s report follows an earnings beat by JPMorgan on Wednesday, who reported EPS of $3.74 on income of $30.44B, in comparison with forecasts EPS of $3 on income of $29.86B.
UnitedHealth had beat expectations on Thursday with third quarter EPS of $4.52 on income of $72.34B, in comparison with forecast for EPS of $4.41 on income of $71.3B.
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