bac is set to give its latest quarterly earnings report on thursday 20211014 heres what investors need to know before the announcement analysts estimate that bank of america will likely report an earnings per share eps of 071 bank of america bulls will hope to hear the company to announce theyve not only beaten that estimate but also to provide positive guidance or forecasted growth for the next quarter new investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock but the guidance or forecast last quarter the company beat on eps by 3377 which was followed by a 008 drop in the share price the next day heres a look at bank of americas past performance and the resulting price change shares of bank of america were trading at 4354 as of october 12 over the last 52week period shares are up 7851 given that these returns are generally positive longterm shareholders are likely bullish going into this earnings release if you want to track all upcoming earnings announcements check out our earnings calendar here