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Bank of America First-Quarter Earnings Beat Analyst Estimates

Bank of America reported first-quarter earnings per share of $1.11 and revenue of $30.3 billion, both above analyst estimates cited in the source.

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Terms & Concepts
  • Earnings per share (EPS): A profitability metric showing how much profit is attributed to each outstanding share of a company’s stock.
  • Revenue: The total income a company generates from its business activities before expenses are deducted.
  • Analyst estimate: A market forecast compiled from analysts’ expectations for company financial results.