Bank of America Corp
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Financials : Banks | Large Cap Value
Company profile

Bank of America Corporation is a bank holding company (BHC) and a financial holding company. The Company's segments include Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets. Consumer Banking segment offers a range of credit, banking and investment products and services to consumers and small businesses. The GWIM segment provides client experience through a network of financial advisors focused on clients with over $250,000 in total investable assets, including solutions to meet client's needs through a set of investment management, brokerage, banking, and retirement products. Global Banking segment provides a range of lending-related products and services, integrated working capital management and treasury solutions, and underwriting and advisory services. Global Markets segment offers sales and trading services and research services to institutional clients across fixed-income, credit, currency, commodity, and equity businesses.

Closing Price
Day's Change
0.11 (0.31%)
B/A Size
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Hubspot stock advances after earnings amid upbeat profit forecast

5:00 pm ET November 2, 2022 (MarketWatch)

Shares of Hubspot Inc. were up more than 10% in after-hours trading Wednesday after the marketing-software company exceeded expectations with its latest results and issued an upbeat profit forecast. The company posted a net loss of $31.4 million, or 65 cents a share, compared with $13.7 million, or 29 cents a share, in the year-prior period. Adjusted earnings per share rose to 69 cents from 50 cents while analysts were modeling 51 cents. Hubspot's revenue increased to $444 million from $339 million, whereas the FactSet consensus was for $426 million. For the fourth quarter, Hubspot executives anticipate $444 million to $446 million in revenue as well as 82 cents to 84 cents in adjusted earnings per share. The FactSet consensus was for revenue of $450 million and adjusted EPS of 79 cents. "Our platform is driving value for customers and continues to be mission-critical as they look to connect with their customers and increase efficiencies during this period of uncertainty," Chief Executive Yamini Rangan said in a release.

-Emily Bary


(END) Dow Jones Newswires

November 02, 2022 17:00 ET (21:00 GMT)

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