Bank of America Likely To Report Higher Q2 Earnings; These Most Accurate Analysts Revise Forecasts Ahead

Bank of America Corporation (NYSE:BAC) will release its second quarter earnings report before the opening bell on Tuesday, July 14.

Analysts expect the Charlotte, North Carolina-based company to report quarterly earnings of $1.10 per share, up from 89 cents per share in the year-ago period. The consensus estimate for Bank of America’s quarterly revenue is $30.26 billion. It reported $26.46 billion last year, according to Benzinga Pro.

On June 29, Bank of America agreed to pay $7.5 million to settle SEC’s alleged charges against Merrill Lynch.

Bank of America shares fell 1.6% to close at $56.98 on Tuesday.

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