Is Most-Watched Stock Bank of America Corporation (BAC) Worth Betting on Now?

Core Viewpoint - Bank of America (BAC) has been trending recently, with its stock performance influenced by earnings estimates and revenue growth projections [1][2]. Earnings Estimate Revisions - For the current quarter, Bank of America is expected to report earnings of $0.90 per share, reflecting an increase of +8.4% year-over-year, with a consensus estimate change of +0.3% over the last 30 days [5]. - The consensus earnings estimate for the current fiscal year stands at $3.68, indicating a year-over-year change of +12.2%, with a +0.4% change over the last month [5]. - For the next fiscal year, the consensus earnings estimate is $4.24, representing a +15.3% change from the previous year, with no change in the estimate over the past month [6]. - The Zacks Rank for Bank of America is 3 (Hold), indicating a neutral outlook based on recent earnings estimate revisions [7]. Projected Revenue Growth - The consensus sales estimate for the current quarter is $26.72 billion, showing a year-over-year increase of +5.3% [11]. - For the current fiscal year, the revenue estimates are $107.99 billion, and for the next fiscal year, $114.07 billion, indicating changes of +6% and +5.6%, respectively [11]. Last Reported Results and Surprise History - In the last reported quarter, Bank of America achieved revenues of $27.37 billion, a +6% increase year-over-year, with an EPS of $0.90 compared to $0.83 a year ago [12]. - The company exceeded the Zacks Consensus Estimate for revenues by +1.89% and for EPS by +11.11% [12]. - Bank of America has consistently beaten consensus EPS and revenue estimates in the last four quarters [13]. Valuation - Bank of America is graded F in the Zacks Value Style Score, indicating it is trading at a premium compared to its peers [17].