Tag: BoFA

Bank of America reports Q2 revenues

BAC– Bank of America Corp is a financial institution.

BAC– Bank of America Corp

Fundamentals Previously closed at 13.66
Day’s high 13.95
Day’s low 13.82
P/E ratio 10.90
EPS 1.27

 

Analysts opinion With a P/E of 10.90, BAC is attractively placed, being closer to its 52-week low. Today it announced Q2 revenues, reporting a $0.19 drop of profits. The banking sector has been struggling due to lower interest rates. However, BAC managed to exceed analyst expectations by earning $0.37, excluding special items. Analyst confidence meter, a proprietary algorithm of Stockal gives 78% buy based on analyst ratings.
Sentiments The stock is bullish today in early trading due to revenue announcements. The sentiment index is 100% negative according to Stockal proprietary algorithm.
Social Media Pulse The stock has 29% lower social media chatter than usual.

 


Disclaimer: This blog contains an aggregated view of analysts and opinions by the author. Do not consider this as financial advice. See http://stockal.com/legalities/