Bank of America Corp (BAC) to Release Quarter 4 Numbers

Last Updated: Friday, January 14, 2022 4:11 PM | Neal Farmer

What's Happening with BAC

Bank of America Corp (BAC) is scheduled to report Quarter 4 numbers before the market open on January 19. Analysts forecast earnings of $0.20 per share for the quarter. During the same period last year the company earned $0.14, and the stock is up 3.7% on the year.

Technical Analysis

BAC was recently trading at $47.90 down $2.18 from its 12-month high and $18.33 above its 12-month low. InvestorsObserver gives BAC a 88 long-term technical score and a 78 short-term technical score. The stock has recent support above $42.88 and recent resistance below $49.17. Of the 15 analysts who cover the stock 9 rate it Strong Buy, 1 rate it Buy, 3 rate it Hold, 1 rate it Sell, and 1 rate it Strong Sell, BAC gets an overall score of 68 from InvestorsObserver.

Analysts' Thoughts

BAC has shown annual earnings growth of 23.45% over the last five years, and looking ahead analysts expect the company to grow profits 23.89% per annum the next five years. Last quarter the company posted better than expected EPS and this quarter the street expects $0.20 EPS. BAC is currently trading at $47.9 with an average price target of $51.08.

Share this article:

Related Companies

You May Also Like

Related Companies