Seeking Alpha

Bank of America (BAC): Q4 EPS of $0.03 beats by $0.01. Revenue of $18.89B misses by $3.51B....

Bank of America (BAC): Q4 EPS of $0.03 beats by $0.01. Revenue of $18.89B misses by $3.51B. Shares +2.1% premarket. (PR)
Comments (9)
  • Conquestador
    , contributor
    Comments (4) | Send Message
     
    may day may day weer going down!
    17 Jan 2013, 07:11 AM Reply Like
  • Island_Dweller
    , contributor
    Comments (368) | Send Message
     
    Gave me a smile with my coffee this morning.
    17 Jan 2013, 10:49 AM Reply Like
  • Ghostrider200
    , contributor
    Comments (6) | Send Message
     
    They are making a lot of money .... enough to pay for all the mistakes made by their prior CEO. This stock will go to $15
    17 Jan 2013, 07:54 AM Reply Like
  • ComputerBlue
    , contributor
    Comments (711) | Send Message
     
    Its headed to 15 and beyond. It'll take time though. Its only 11 due to all the litigation brought on by the prior mgt as stated above.
    17 Jan 2013, 07:58 AM Reply Like
  • june1234
    , contributor
    Comments (2551) | Send Message
     
    Not as bad as expected.by the time they're done polishing this one up could be good for a 5% pop to the upside just today
    17 Jan 2013, 08:03 AM Reply Like
  • wil3714
    , contributor
    Comments (1753) | Send Message
     
    doesnt matter sentiment is up on settlement writedowns are now known thats why is one isnt getting hit because the market knew this already
    17 Jan 2013, 09:02 AM Reply Like
  • june1234
    , contributor
    Comments (2551) | Send Message
     
    C missed both on earnings and revenue(their old CEO knew when to leave) while BAC missed on revenues . both banks you have to assume are big recipients of Feds $40b a month MBS purchases. Dollar just doesn't go as far as it used to. Both banks should pass the upcoming March stress tests with flying colors
    17 Jan 2013, 10:58 AM Reply Like
  • kmi
    , contributor
    Comments (3995) | Send Message
     
    All the value its acquisitions 'should' have provided has had both its initial value eradicated as well as its future potential to be accretive destroyed...

     

    It's future... "market perform"....
    17 Jan 2013, 01:41 PM Reply Like
  • masonkelsey
    , contributor
    Comments (17) | Send Message
     
    Too predictable. That is why I sold 20% of my BAC holdings yesterday at $11.74. Bought back in today near the low. Of course it could go lower than $11.31. But there will be a lot of good news for BofA over the next three months that should make it worthwhile as a hold.
    17 Jan 2013, 02:07 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|