Company Performance - Bank of America (BAC) closed at $43.94, showing no movement from the previous day, while the S&P 500 gained 0.01% [1] - Over the past month, BAC shares have declined by 6.19%, underperforming the Finance sector's loss of 0.09% and the S&P 500's loss of 2.26% [1] Upcoming Earnings - The upcoming earnings disclosure is anticipated to show an EPS of $0.81, reflecting a 2.41% decline compared to the same quarter last year [2] - Revenue is expected to reach $26.71 billion, indicating a 3.47% increase from the year-ago quarter [2] Fiscal Year Estimates - For the entire fiscal year, earnings are projected at $3.70 per share, with revenue estimated at $108.36 billion, representing increases of +12.8% and +6.36% respectively from the previous year [3] Analyst Estimates - Recent changes to analyst estimates suggest a favorable outlook on Bank of America's business health and profitability [4] - A 0.34% rise in the Zacks Consensus EPS estimate has been noted over the past month, with Bank of America currently holding a Zacks Rank of 3 (Hold) [6] Valuation Metrics - Bank of America has a Forward P/E ratio of 11.88, which is below the industry average of 13.86 [7] - The current PEG ratio for BAC is 1.19, compared to the industry average PEG ratio of 1.15 [7] Industry Context - The Financial - Investment Bank industry, part of the Finance sector, holds a Zacks Industry Rank of 3, placing it in the top 2% of over 250 industries [8]
Bank of America (BAC) Flat As Market Gains: What You Should Know