Financial institution of America Earnings, Income Beat in Q1 By Investing.com 

Investing.com – Financial institution of America (NYSE:) reported on Thursday first quarter that beat analysts’ forecasts and income that topped expectations.

Financial institution of America introduced earnings per share of $0.86 on income of $22.82B. Analysts polled by Investing.com anticipated EPS of $0.6551 on income of $21.85B.

Financial institution of America shares are up 31% from the start of the 12 months, nonetheless down 1.21% from its 52 week excessive of $40.37 set on April 12. They’re outperforming the S&P 500 which is up 9.81% from the beginning of the 12 months.

Financial institution of America follows different main Monetary sector earnings this month

Financial institution of America’s report follows an earnings beat by JPMorgan on Wednesday, who reported EPS of $4.5 on income of $33.12B, in comparison with forecasts EPS of $3.06 on income of $30.46B.

UnitedHealth had beat expectations on Thursday with first quarter EPS of $5.31 on income of $70.20B, in comparison with forecast for EPS of $4.38 on income of $69.03B.

Keep up-to-date on all the upcoming earnings studies by visiting Investing.com’s earnings calendar