Bank of America Earnings Preview

Filed under: Earnings Reports, Forecasts, Bank of America (BAC)

Bank of America (BAC), which recently announced it would halt foreclosures nationwide, is scheduled to discuss its third-quarter 2010 financial results Tuesday, October 19, in a conference call beginning at 8:30 AM (ET). You can catch a live webcast of the call at the company's website.

During the three months that ended in September, Charlotte, N.C.-based Bank of America continued it mortgage modification efforts and declared a quarterly dividend. Analysts surveyed by Thomson Reuters are looking for the leading lender to report that its earnings for that period were 16 cents per share, compared to a loss of 26 cents per share a year ago. Revenue is expected to total $27.2 billion, which is a 4.3% increase from the same period of last year.

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Bank of America Earnings Preview originally appeared on BloggingStocks on Mon, 18 Oct 2010 16:30:00 EST. Please see our terms for use of feeds.

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