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Bank of America Corporation (NYSE:BAC) is one of several banks reporting quarterly financial results this week. Here’s a look at key estimates from analysts ahead of third-quarter financial results on Wednesday, before market open and the key items to watch.

BAC is in positive territory. Follow the breaking news here.

Earnings Estimates: Analysts expect Bank of America to report earnings per share of 95 cents for the third quarter, up from 81 cents per share in last year’s third quarter, according to data from Benzinga Pro.

The company has beaten analyst estimates for earnings per share in more than 10 straight quarters.

Analysts expect Bank of America to report third-quarter revenue of $27.50 billion, up from $25.49 billion in last year’s third quarter.

The company missed analyst estimates for revenue in the second quarter, but has beaten estimates in eight of the last 10 quarters overall.

Read Also: How To Earn $500 A Month From Bank of America Stock Ahead Of Q3 Earnings

What Analysts Are Saying: Multiple analysts have raised their price targets on Bank of America stock ahead of the quarterly earnings report.

Here are some recent analyst ratings on Bank of America and their price targets:

• UBS: Maintained Buy rating, raised price target from $55 to $57
• Evercore ISI: Maintained Outperform rating, raised price target from $49 to $55
• Morgan Stanley: Maintained Overweight rating, raised price target from $50 to $66
• Truist Securities: Maintained Buy rating, raised price target from $51 to $56

Key Items to Watch: Bank of America is one of multiple banking and finance companies set to report this week. The week’s earnings include JPMorgan Chase & Co. (NYSE:JPM), Citigroup and Goldman Sachs on Tuesday, Bank of America, PNC Financial and Morgan Stanley on Wednesday and several others throughout the week.

On Tuesday, JPMorgan Chase & Co. reported its third-quarter financial results, with earnings per share and revenue both exceeding analyst estimates.

JPMorgan CEO Jamie Dimon said the economy “remained resilient” in the quarter, but cautioned that tariffs, trade uncertainty and geopolitical concerns remain heightened going forward, risking sticky inflation.

Many JPMorgan segments, including Consumer & Community Banking, Commercial & Investment Bank and Asset & Wealth Management, each had net income growth of 20% or more in the quarter on a year-over-year basis.

Analysts and investors will be looking for similar growth from Bank of America, with perhaps more positive commentary about what’s ahead.

Bank of America’s report may be compared to its peers this week to see if higher or lower growth could mean losing or gaining market share in the sector.

In the second quarter, Bank of America reported year-over-year declines in several segments, while net interest income, trading revenue and asset management fees helped the company’s overall growth.

One investor who will be closely watching Bank of America’s earnings report is Warren Buffett, CEO of Berkshire Hathaway Inc (NYSE:BRK)(NYSE:BRK).

Bank of America is the fourth-largest holding in Berkshire Hathaway’s investment portfolio, accounting for approximately 10% of assets, with a 605.27 million share stake valued at $29.57 billion, according to CNBC. Berkshire Hathaway owns around 8.2% of the banking giant.

While Bank of America is a large portfolio holding of Berkshire Hathaway, the conglomerate has been selling a portion of its stake in recent quarters.

In the second quarter, Berkshire Hathaway reduced its stake by 4%, while the conglomerate lowered its stake by 7% in the first quarter.

Buffett could be reducing his exposure to bank stocks or identifying a particular weakness in Bank of America. The earnings report and the third-quarter 13F, due in November, could signal whether Buffett still has the same confidence in the banking company moving forward.

BAC Price Action: Bank of America stock is up 2.0% to $49.82 on Tuesday versus a 52-week trading range of $33.06 to $52.88. Bank of America stock is up 12.6% year-to-date in 2025.

Read Next:

• These Two Sectors Are Ripe For M&A Momentum In Q4, Market Expert Says

Photo: Shutterstock

No gainer in today’s Pre-market session.

Losers

Symbol	Name	Price	Change ($)	Change (%)	Volume
(NYSE:XLE)	SPDR Select Sector Fund – Energy Select Sector	85.270	-1.110	-1.29	89.1K
(NYSE:XLK)	SPDR Select Sector Fund – Technology	281.650	-3.520	-1.24	52.8K
(NYSE:XLY)	SPDR Select Sector Fund – Consumer Discretionary	231.050	-2.810	-1.21	3.2K
(NYSE:XLC)	The Communication Services Select Sector SPDR Fund	112.530	-1.310	-1.16	698
(NYSE:XLB)	Materials Select Sector SPDR	87.280	-0.950	-1.08	32.0K
(NYSE:XLI)	SPDR Select Sector Fund – Industrial	149.951	-1.509	-1.00	4.0K
(NYSE:XLF)	SPDR Select Sector Fund – Financial	52.380	-0.280	-0.54	249.9K
(NYSE:XLV)	SPDR Select Sector Fund – Health Care	141.210	-0.740	-0.53	15.5K
(NYSE:XLU)	SPDR Select Sector Fund – Utilities	90.730	-0.160	-0.18	9.4K
(NYSE:XLRE)	Real Estate Select Sector SPDR Fund (The)	40.860	-0.050	-0.13	1.7K

Pulled from Benzinga Pro data this sector movers alerts can help traders understand macro-level market trends. Traders often look for sector movers to provide high-level analysis on which sectors are over- or under-performing to make better investing decisions on exchange traded funds (ETFs) or individual tickers in those sectors.

For more information on sector movers, click here.

As gold prices approach the unprecedented $4,200 mark, two mid-tier gold mining companies, Iamgold Corp. (NYSE:IAG) and SSR Mining Inc. (NASDAQ:SSRM), are not just riding the commodity rally; they are also showing notable improvement in their operational quality.

2 Stocks Rise To Top Tier Ranking

Recent data from Benzinga Edge Stock Rankings highlights a week-on-week shift in their quality percentile, reinforcing the case for investors looking for gold equities with strengthening fundamentals.

Iamgold

• According to the latest report, IAG’s quality percentile rose from 89.93 to 91.00, marking a 1.07 week-on-week improvement.

• The stock was up 142.83% year-to-date and advanced 184.07% over a year.

• It maintains a stronger price trend over the short, medium, and long terms, with a robust growth ranking. Additional performance details are available here.

See Also: Forget MSTR, These 3 Bitcoin-Linked Stocks Are Flashing Valuation Red Flags

SSR Mining

• SSR Mining displayed slightly more momentum in quality, improving from 88.24 to 89.33, a gain of 1.09 over the week.​

• Higher by 227.58% YTD, the stock advanced 309.76% over the year.

• It had a stronger price over the short, medium, and long terms, with a moderate value ranking. Additional performance details are available here.

Understanding Quality Rankings

Quality ranking, as outlined in the report’s descriptions, is a sophisticated percentile-based metric that weighs multiple historical and fundamental factors: profitability, balance sheet strength, and peer-relative performance. This holistic view means that a move into the top decile is not merely a short-term quirk but a testament to consistent operational upgrades and resilience.

Price Action

Gold prices were 0.49% higher at $4,130.71 per ounce as of the publication of this article. It has gained 55.78% over the year and 28.61% over the last six months.

With gold breaching record highs, the operational quality of miners becomes critically important for capital discipline and long-term returns.

On Monday, the S&P 500 index ended 1.56% higher at 6,654.72, whereas the Nasdaq 100 index advanced 2.18% to 24,750.25. Dow Jones also gained 1.29% to 46,067.58.

The futures of the S&P 500, Dow Jones, and Nasdaq 100 indices were trading lower on Tuesday.

Read Next:

• 4 Biotechnology Stocks Lead Momentum Gains Amid Strong Technicals

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Image via Shutterstock

Restaurant company Domino’s Pizza (NYSE:DPZ) has become a new favorite of Warren Buffett’s Berkshire Hathaway (NYSE:BRK) (NYSE:BRK). The company looks to get shares back to positive year-to-date with its third-quarter financial results coming Tuesday before market open.

Earnings Estimates: Analysts expect Domino’s to report third-quarter revenue of $1.14 billion, up from $1.08 billion in last year’s third quarter, according to data from Benzinga Pro.

The company has missed analyst revenue estimates in eight of the last 10 quarters.

Analysts expect Domino’s to report third-quarter earnings per share of $3.98, down from $4.19 in last year’s third quarter.

The company has beaten analyst estimates for earnings per share in eight of the last 10 quarters.

Read Also: Market Expert Jay Woods Highlights ‘Interesting’ Trades By Warren Buffett: ‘Is The Style Of Berkshire Getting More Active Than Passive?’

What Analysts Are Saying: Analysts have been lowering their price targets on Domino’s in recent weeks ahead of the quarterly results.

Here are some of the recent analyst ratings on Domino’s and their price targets:

• Jefferies: Maintained Hold rating, lowered price target from $490 to $455
• Piper Sandler: Maintained Neutral rating, lowered price target from $477 to $443
• Barclays: Maintained Underweight rating, lowered price target from $425 to $405
• Wells Fargo: Maintained Equal Weight rating, lowered price target from $490 to $450
• Morgan Stanley: Maintained Overweight rating, raised price target from $520 to $535

Key Items to Watch: Berkshire Hathaway began buying shares of Domino’s Pizza in the third quarter of 2024 and has grown its stake in recent quarters.

In the second quarter, Berkshire grew its position by 1%, adding to the 10% increase in the first quarter, marking two increases so far in 2025.

As of the end of the second quarter, Berkshire Hathaway owns 2,633,868 shares of Domino’s, representing around 7.8% of the company. At a value of around $1.1 billion, the stake represents approximately 0.4% of Berkshire Hathaway’s investing portfolio, as reported by CNBC.

In November, a new 13F filing from Berkshire Hathaway will reveal whether the conglomerate bought more shares of the pizza company, sold shares, or maintained its stake.

Domino’s financial results have been mixed in recent quarters, with a strong history of beating earnings per share estimates, while missing revenue estimates. In the second quarter, this trend was reversed, with revenue beating estimates and earnings per share coming in slightly below.

The company reported a 4.3% year-over-year increase in revenue in the second quarter, with supply chain revenue and franchise royalties and fees highlighted as reasons for the growth.

Revenue gains came with global retail stores up 5.6% year-over-year for the company in the second quarter, with U.S. same-store sales up 3.4%. The company’s CEO Russell Weiner highlighted strong delivery and carryout growth for the U.S. region, helping to boost market share gains for the pizza category in the country.

International expansion and sales could be a topic of discussion on Tuesday. In the second quarter, the company reported international same-store sales growth of 2.4% year-over-year. The company added 178 net new locations in the second quarter, with 148 new international locations.

Rival pizza chain Papa John’s International (NASDAQ:PZZA) recently announced plans to have 650 locations in India by 2035, a market the company exited in 2017.

Domino’s is one of the biggest pizza companies in the country, with around 2,200 locations, while Pizza Hut has around 950 locations. This re-entry by Papa John’s could quickly eat into Domino’s market share in the region.

Company rebrands and logo changes have a mixed history of success, with a recent launch by Cracker Barrel among the most talked-about items in the restaurant sector in 2025. Domino’s is hoping its makeover goes over better than that.

The company’s brand refresh is its first in 13 years and includes a focus on its red and blue colors, new employee uniforms, new pizza box designs and a new jingle from Grammy-award winner Shaboozey, as reported by CBS News.

Domino’s is hoping its brand refresh helps the company reach younger customers.

“Most companies rebrand themselves when they’re struggling, but after years of category-defying growth, this refresh is about continuing to push to be the best version of ourselves,” Domino’s Global Chief Marketing Officer Kate Trumbull said, as shared by CBS.

Domino’s has over 21,500 stores worldwide and has been a market share gainer in the restaurant and pizza sectors, thanks to an early focus on mobile ordering.

DPZ Price Action: Domino’s stock is up 0.7% to $409.17 on Monday versus a 52-week trading range of $397.12 to $500.55. Shares are down 5.9% year-to-date in 2025.

Read Next:

• Retail Investors’ Top Stocks With Earnings This Week: Fastenal, ASML, TSMC And More

Photo: Yalcin Sonat On Shutterstock.com

Health care giant Johnson & Johnson (NYSE:JNJ) has had a good year with its shares trading near all-time highs. The company looks to keep a trend of beating analyst estimates when third-quarter financial results are reported before market open Tuesday.

Here are the earnings estimates, what experts are saying ahead of the report and key items to watch.

Earnings Estimates: Analysts expect Johnson & Johnson to report third-quarter revenue of $23.74 billion, up from $22.47 billion in last year’s third quarter, according to data from Benzinga Pro.

The company has beaten analyst estimates for revenue in five straight quarters and in nine of the last 10 quarters overall.

Analysts expect Johnson & Johnson to report third-quarter earnings per share of $2.75, up from $2.42 in last year’s third quarter.

The company has beaten analyst estimates for earnings per share in more than 10 straight quarters.

Read Also: Retail Investors’ Top Stocks With Earnings This Week: Fastenal, ASML, TSMC And More

What Experts are Saying: A strong second-quarter and raised guidance may have kick-started a rally in Johnson & Johnson shares in recent months.

“Johnson & Johnson is quietly having a banner year,” Freedom Capital Markets Chief Market Strategist Jay Woods said in a weekly newsletter. “In June, shares broke out of a nearly five-year neutral range and are up 30% year-to-date.”

The market expert said the quarterly results and guidance helped boost shares, along with favorable guidance on any potential impact from tariffs.

Another reason for Johnson & Johnson shares trading higher, according to Woods, is the company separating off its consumer health business as Kenvue Inc (NYSE:KVUE).

“Now they have been able to focus on pharma innovation and medical devices, which tend to command higher growth and margins and have avoided the cloud that the Tylenol controversy has caused KVUE.”

Woods said analyst expectations on Johnson & Johnson stock could be raised after Tuesday’s report.

“Over the long term, this is a stock that should continue to trend higher. It has turned things around fundamentally and now technically.”

Here are recent analyst ratings on Johnson & Johnson and their price targets:

• Morgan Stanley: Maintained Equal-Weight rating, raised price target from $176 to $178
• Goldman Sachs: Maintained Buy rating, raised price target from $186 to $212
• Citigroup: Maintained Buy rating, raised price target from $200 to $213
• Bernstein: Maintained Market Perform rating, raised price target from $172 to $193
• Bank of America: Maintained Neutral rating, raised price target from $175 to $198
• Wells Fargo: Upgraded from Equal-Weight to Overweight, raised price target from $170 to $212

Key Items to Watch: Johnson & Johnson’s second-quarter results saw several drugs highlighted for their strong growth, helping to offset negative impacts from Stelara in immunology and COVID-19 in infectious diseases.

Stelara sales were down 42.7% year-over-year and will be one of the many items to watch.

Overall, cancer drug sales were up 24% year-over-year to $6.31 billion in the second quarter, helping offset a 15.4% year-over-year decline for Immunology sales for the quarter.

The company’s MedTech unit saw sales up 7.3% to $8.54 billion in the second quarter and will be an area to watch with the company’s renewed focus on innovative medicine and medtech after spinning off its consumer business.

Guidance will be one of the most watched items in the report with the company previously raising guidance for both full-year revenue and full-year earnings per share after the second quarter results.

Analysts and investors may be expecting the company to beat and raise once again. Failure to raise guidance again could put pressure on shares and the recent rally.

Another area to watch will be M&A activity for the company and what management has to say about potential deals and cash usage.

The company is in reported discussions to acquire Protagonist Therapeutics (NASDAQ:PTGX), a company with which has an existing collaboration.

Acquiring the company outright could provide a boost to its immunology business segment, which is facing pressure as Stelara faces increased competition.

JNJ Price Action: Johnson & Johnson stock is down 0.18% to $190.38 on Monday versus a 52-week trading range of $140.68 to $192.10. Shares are up 32.1% year-to-date in 2025.

Read Next:

• FDA Expands Johnson & Johnson Ulcerative Colitis Drug Approval To Pediatric Patients

Photo: Shutterstock

In the current market session, PepsiCo Inc. (NASDAQ:PEP) share price is at $147.78, after a 1.53% decrease. Over the past month, the stock increased by 5.53%, but over the past year, it actually fell by 15.99%. With good short-term performance like this, and questionable long-term performance, long-term shareholders might want to start looking into the company’s price-to-earnings ratio.

Comparing PepsiCo P/E Against Its Peers

The P/E ratio is used by long-term shareholders to assess the company’s market performance against aggregate market data, historical earnings, and the industry at large. A lower P/E could indicate that shareholders do not expect the stock to perform better in the future or it could mean that the company is undervalued.

Compared to the aggregate P/E ratio of the 40.24 in the Beverages industry, PepsiCo Inc. has a lower P/E ratio of 28.53. Shareholders might be inclined to think that the stock might perform worse than it’s industry peers. It’s also possible that the stock is undervalued.

In conclusion, the price-to-earnings ratio is a useful metric for analyzing a company’s market performance, but it has its limitations. While a lower P/E can indicate that a company is undervalued, it can also suggest that shareholders do not expect future growth. Additionally, the P/E ratio should not be used in isolation, as other factors such as industry trends and business cycles can also impact a company’s stock price. Therefore, investors should use the P/E ratio in conjunction with other financial metrics and qualitative analysis to make informed investment decisions.

Gainers

Symbol	Name	Price	Change ($)	Change (%)	Volume
(NYSE:XLK)	SPDR Select Sector Fund – Technology	285.0850	6.695	2.40	47.4K
(NYSE:XLB)	Materials Select Sector SPDR	87.9400	1.090	1.25	24.8K
(NYSE:XLE)	SPDR Select Sector Fund – Energy Select Sector	85.9700	0.750	0.88	46.7K
(NYSE:XLY)	SPDR Select Sector Fund – Consumer Discretionary	230.7100	1.960	0.85	793
(NYSE:XLC)	The Communication Services Select Sector SPDR Fund	113.7500	0.950	0.84	1.3K
(NYSE:XLF)	SPDR Select Sector Fund – Financial	52.5994	0.439	0.84	243.2K
(NYSE:XLI)	SPDR Select Sector Fund – Industrial	151.0800	1.180	0.78	6.3K
(NYSE:XLU)	SPDR Select Sector Fund – Utilities	90.5300	0.330	0.36	18.5K
(NYSE:XLRE)	Real Estate Select Sector SPDR Fund (The)	40.7500	0.070	0.17	1.9K
(NYSE:XLV)	SPDR Select Sector Fund – Health Care	142.1600	0.050	0.03	35.2K

Losers

Symbol	Name	Price	Change ($)	Change (%)	Volume
(NYSE:XLP)	SPDR Select Sector Fund – Consumer Staples	77.93	-0.17	-0.22	18.9K

Pulled from Benzinga Pro data this sector movers alerts can help traders understand macro-level market trends. Traders often look for sector movers to provide high-level analysis on which sectors are over- or under-performing to make better investing decisions on exchange traded funds (ETFs) or individual tickers in those sectors.

For more information on sector movers, click here.

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U.S. markets ended the last week sharply lower as investors fled risk assets following a late-Friday escalation in trade tensions between Washington and Beijing. President Donald Trump announced plans for an additional 100% tariff on Chinese imports and new export controls on U.S.-made software, citing Beijing’s tightening of rare earth restrictions.

The announcement, made after the closing bell, sent Big Tech shares tumbling — with Nvidia, Tesla, Amazon, and AMD all falling more than 2% in after-hours trading. The Philadelphia Semiconductor Index (SOX) plunged 6.3%, reflecting fears of renewed supply chain disruptions in critical technology and EV components.

During regular trading hours, all three major indexes sold off sharply.

• Dow Jones: −1.90% (−878 pts) to 45,479.60
• S&P 500: −2.71% to 6,552.51 — its steepest daily drop since April
• Nasdaq Composite: −3.56% to 22,204.43 — its worst week since early spring

The CBOE Volatility Index (VIX) surged to its highest close since June, underscoring a “sell first, ask questions later” mentality that gripped Wall Street by the close.

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Safe Haven Bid Returns

Treasury yields fell across the curve as investors sought safety. The 10-year yield dropped 9.1 bps to 4.06%, its lowest since mid-September, while the 2-year yield slid 7.5 bps to 3.51%, reflecting renewed expectations of near-term Fed easing. St. Louis Fed President Alberto Musalem said he was “open-minded” to another rate cut, echoing Governor Christopher Waller’s remarks about cautious monetary adjustments amid labor softness.

The 2ys/10ys curve flattened slightly to +52.8 bps, suggesting investors are hedging cyclical risk rather than inflation.

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Data Blackout, Earnings Ahead

With the federal government shutdown now in its tenth day, official data releases remain suspended — forcing investors to rely on private indicators such as the University of Michigan consumer sentiment survey, which continued to drift near historic lows amid weakening job prospects.

The market now turns its focus to the start of Q3 earnings season, with JPMorgan, Goldman Sachs, Citigroup, and Wells Fargo set to report next Tuesday. Analysts expect 8.8% YoY EPS growth for the S&P 500, down from 13.8% in Q2, signaling a potential moderation in corporate momentum.

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Flow signal perspective

The week closed not with a data signal, but with a political shock that forced portfolio recalibration. Until visibility improves on both policy and data, risk appetite will likely remain capped by geopolitical uncertainty and data darkness.

Benzinga Disclaimer: This article is from an unpaid external contributor. It does not represent Benzinga’s reporting and has not been edited for content or accuracy.

U.S. stock futures are rallying on Sunday night, following President Donald Trump’s decision to walk back on his latest tariff escalation with China.

China Accuses The US of ‘Textbook’ Double Standards

On Sunday, a spokesperson for the Chinese Ministry of Commerce said that their “position on the trade war is consistent: we do not want it, but we are not afraid of it,” while adding that their new export controls on rare earths were not bans, but measures to regulate their civilian use.

See Also: Wall Street Braces For Earnings Amidst Shutdown And Tariff Fears

They further accused Washington of a “textbook double standard,” highlighting the fact that the U.S. has over 3,000 items in its export controls list, while China only has about 900.

US Futures Rally Amid Trump’s De-Escalation

Trump posted on Truth Social on Sunday, saying, “Don’t worry about China, it will all be fine,” adding that the “Highly respected President Xi just had a bad moment,” hinting at de-escalation.

The S&P 500 futures are up 1.30% or 85.75 points at 6,680.25, Nasdaq futures are up 428 points, or 1.76%, trading at 24,825.00, followed by Dow Futures, up 0.90%, or 413 points at 46,119.00.

Meanwhile, Japan’s benchmark Nikkei 225 is down 1.01%, or 491 points in early trading on Monday, with steel, electronics, mining and export-oriented stocks leading the decline, while retail, pharmaceuticals and FMCG stocks buck the trend during the day.

The U.S. Dollar Index (DXY) is down 0.04% on Monday, trading at 98.933, amid growing concerns that the declining dollar could spark fresh inflationary pressures.

Investors on Monday will be closely watching the earnings release of Fastenal Co. (NASDAQ:FAST) and the Rocky Mountain Chocolate Factory Inc. (NASDAQ:RMCF).

Read More:

• Wall Street Expects Trump’s ‘Massive’ Tariff Hike Threat Against China To Hurt US More, Says Expert: ‘Dollar Is Not Looking Healthy’

Photo Courtesy: Tomas Ragina On Shutterstock.com

Gainers

Symbol	Name	Price	Change ($)	Change (%)	Volume
(NYSE:XLK)	SPDR Select Sector Fund – Technology	290.80	0.60	0.20	18.9K
(NYSE:XLU)	SPDR Select Sector Fund – Utilities	90.75	0.18	0.19	1.4K
(NYSE:XLRE)	Real Estate Select Sector SPDR Fund (The)	41.20	0.07	0.17	315
(NYSE:XLV)	SPDR Select Sector Fund – Health Care	144.43	0.24	0.16	12.6K
(NYSE:XLC)	The Communication Services Select Sector SPDR Fund	115.10	0.18	0.15	1.6K
(NYSE:XLP)	SPDR Select Sector Fund – Consumer Staples	78.10	0.06	0.07	2.7K
(NYSE:XLF)	SPDR Select Sector Fund – Financial	53.35	0.03	0.05	60.6K

Losers

Symbol	Name	Price	Change ($)	Change (%)	Volume
(NYSE:XLE)	SPDR Select Sector Fund – Energy Select Sector	87.2	-0.56	-0.64	130.3K
(NYSE:XLY)	SPDR Select Sector Fund – Consumer Discretionary	235.2	-0.02	-0.01	241

Pulled from Benzinga Pro data this sector movers alert provides traders with a compiled way to read macro-level market trends. Investors garner a particular interest in sector movers to better determine sectors that are over- or under-performing to make better investing decisions on exchange-traded funds (ETFs) or individual tickers in those sectors.

To read more about sector movers, click here.