Financial Report Outlook | Exceeding Expectations for Four Consecutive Quarters, Can Bank of America Corp (BAC.US) Continue to "Surprise" the Market?

Bank of America Corp (BAC.US) will release its third quarter financial performance on October 15, 2025. Analysts expect the bank's revenue to show growth and profitability to increase year-on-year. Bank of America Corp's Q3 revenue is expected to grow by 7% to $27.12 billion, with EPS increasing by 16.1% to $0.94. Although management's discussion of business conditions in the earnings conference call will drive current stock price fluctuations and future earnings expectations, it is still valuable to make predictions about the possibility of positive earnings surprises ahead of time. It is worth noting that in the past 30 days, the market's general expectations for Bank of America Corp's earnings per share have been slightly downgraded by 0.03%, reflecting a collective adjustment by analysts during this period. What clues can historical earnings surprises provide for future predictions? Analysts typically focus on the alignment of past earnings with market expectations when constructing earnings forecasting models. Therefore, reviewing past performance that exceeded expectations is crucial for evaluating future earnings trends. For example, in the most recent quarter, the market initially expected Bank of America Corp's earnings per share to be $0.86, but the actual reported value was $0.89, exceeding expectations by 3.49%. What is even more noteworthy is that in the last four quarters, the company's earnings per share have consistently exceeded the market's general expectations. It should be emphasized that exceeding or falling below earnings expectations is not the only determining factor affecting stock price fluctuations. In reality, there are cases where some stocks may drop despite exceeding earnings expectations due to other negative factors, and unforeseen catalysts may also drive stocks with lower-than-expected earnings to rise against the trend. Overall, the potential for Bank of America Corp to exceed earnings expectations is worth noting. However, investors should consider various other factors when deciding whether to buy or maintain a wait-and-see approach before the earnings report is released, to ensure comprehensive and prudent investment decision-making.