Sunday, 3 November 2013

Earnings Preview: Bank of America Corp (BAC), Goldman Sachs Group Inc


Playlist, A World Alone, Double Rainbow, Drake, Furthest Thing, Katy Perry, Kiss Land, Lorde, love in the Sky, New music, Nothing was the Same, Prism, Pure Heroine, Scotty McCreery, See You Tonight, The Weeknd

This week kicks off third-quarter earnings season in full gear, as reports from financials lead the way. Bank of America, Goldman Sachs and Morgan Stanley will report later this week following Citigroup’s weaker-than-expected results issued on Tuesday.

Citigroup Inc. (NYSE: C) missed Wall Street forecasts after the bank reported net income for the fiscal third-quarter fell to $3.26 billion, compared with $3.27 billion in the same period a year ago, excluding one-time items. Earnings per share came in at $1.02 per share, compared with $1.06 per share a year earlier, and revenue fell to $18.2 billion, compared with $19.2 billion in the same period a year-ago. Read more.

No comments:

Post a Comment