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BAC Bank of America Corp

Q3'20 · Reported 2020-10-14

Headline Verdict

BEATby +4.1%

EPS $0.51 vs $0.49 estimated

Market Reaction:CRASH-5.3%
DISCONNECT — Beat earnings but stock dropped

EPS & Revenue

Reported EPS

$0.51

Estimated EPS

$0.49

Surprise

+4.1%

Revenue

$18.9B

EPS YoY

-8.9%

Revenue YoY

-5.1%

Market Reaction

Day Of

-5.3%

Selloff

Next Day

-3.2%

Dip

5-Day

-3.6%

Dip

Close Before

$24.95

Close After

$23.62

Streak & Context

Beat Streak

+2 Q

Beat / Miss

BEAT

Macro Environment

Fed Rate

0.09%

CPI

260.388

Unemployment

6.9%

10Y Treasury

0.79%

2Y Treasury

0.15%

BAC Q3'20 Earnings | Market Memory