Bank of America Corp., the second- largest U.S. bank, said profit declined 32 percent in the third quarter after trading losses, defaults and writedowns cost almost $4 billion. Net income fell to $3.70 billion, or 82 cents a share, from $5.42 billion, or $1.18, a year earlier. The average estimate of 16 analysts surveyed by Bloomberg was $1.06 a share. Bank of America shares fell more than 3 percent after the earnings announcement.
- Σχόλιο : Αρκετά χαμηλότερα των εκτιμήσεων της αγοράς.
