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BAC Bank of America Corp

Q1'24 · Reported 2024-04-16

Headline Verdict

BEATby +10.0%

EPS $0.77 vs $0.70 estimated

Market Reaction:DIP-3.5%
DISCONNECT — Beat earnings but stock dropped

EPS & Revenue

Reported EPS

$0.77

Estimated EPS

$0.70

Surprise

+10.0%

Revenue

$25.8B

EPS YoY

-18.1%

Revenue YoY

+1.9%

Market Reaction

Day Of

-3.5%

Dip

Next Day

-2.0%

Flat

5-Day

+6.7%

Surge

Close Before

$35.95

Close After

$34.68

Streak & Context

Beat Streak

+1 Q

Beat / Miss

BEAT

Macro Environment

Fed Rate

5.33%

CPI

313.548

Unemployment

3.9%

10Y Treasury

4.54%

2Y Treasury

4.87%