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Bank Of America's Q2 Beat Expectations, But There Was A Big Adjustment

Jul 16, 2014, 16:32 IST

REUTERS/ Rebecca Cook

Bank of America announced Q2 financial results that were stronger than expected.

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Adjusted earnings per share came in at $0.41 per share, which was much stronger than the $0.29 expected.

One big adjustment during the quarter was litigation costs which slashed $0.22 from the bottom line.

More to come...

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