Bank of America Q4 EPS $0.59 Beats $0.55 Estimate, Sales $20.10B Miss $20.68B Estimate

Bank of America (NYSE:BAC) reported quarterly earnings of $0.59 per share which beat the analyst consensus estimate of $0.55 by 7.27 percent. This is a 20.27 percent decrease over earnings of $0.74 per share from the same period last year. The company reported quarterly sales of $20.10 billion which missed the analyst consensus estimate of $20.68 billion by 2.80 percent. This is a 10.64 percent decrease over sales of $22.49 billion the same period last year.