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What to Expect When Bank of America (BAC) Reports Earnings Next Week

NEW YORK (TheStreet) -- Bank of America (BAC - Get Report) will release its 2015 third quarter earnings results before the market open on Wednesday, October 14.

Analysts are expecting the financial services company to post a year over year increase in earnings per share but a decline in revenue for the most recent quarter.

Bank of America has been forecast by analysts polled by Thomson Reuters to report earnings of 33 cents per share on revenue of $20.8 billion for the September ended period.

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Last year, the company reported a net loss of 1 cents per share on revenue of $21.4 billion for the 2014 third quarter.

Shares of Bank of America closed lower by 1.08% to $15.59 on Friday afternoon.

Bank of America is a Charlotte, NC-based financial institution that services a wide variety of customers from corporations to individual...


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