Bank of America Likely To Report Higher Q2 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Bank of America Corporation (NYSE:BAC) will release earnings results for the second quarter, before the opening bell on Wednesday, July 16.

Analysts expect the Charlotte, North Carolina-based company to report quarterly earnings at 87 cents per share, up from 83 cents per share in the year-ago period. Bank of America projects to report quarterly revenue at $26.77 billion, compared to $25.38 billion a year earlier, according to data from Benzinga Pro.

On July 1, the company plans to increase its quarterly dividend by 8% to 28 cents per share.

Bank of America shares fell 3.1% to close at $47.15 on Tuesday.

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