Company news: Bank of America (BAC) quarterly results beat analysts’ forecasts

Bank of America (BAC) reported Q3 FY2022 earnings of $0.81 per share (versus $0.85 per share in Q3 FY2021), beating analysts’ consensus estimate of $0.78 per share.

The company’s quarterly revenues amounted to $24.502 bln (+7.6% y/y), beating analysts’ consensus estimate of $23.458 bln.

BAC rose to $32.64 (+2.97%) in pre-market trading.