JPMorgan Chase & Co. (NYSE:JPM) Expected to Post Earnings of $2.55 Per Share

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JPMorgan Chase & Co. (NYSE:JPM) issued its earnings results on Tuesday, July, 16th. The financial services provider reported $2.82 earnings per share for the quarter, topping the consensus estimate of $2.50 by $0.32. The financial services provider had revenue of $28.83 billion for the quarter, compared to analyst estimates of $28.52 billion.

Equities research analysts forecast that JPMorgan Chase & Co. (NYSE:JPM) will report $2.53 earnings per share for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for JPMorgan Chase & Co.’s earnings. The highest EPS estimate is $2.60 and the lowest is $2.44.

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Brokerages expect JPMorgan Chase & Co. (NYSE:JPM) to announce $28.42 billion in sales for the current fiscal quarter, according to Zacks Investment Research. Two analysts have made estimates for JPMorgan Chase & Co.’s earnings, with the highest sales estimate coming in at $28.53 billion and the lowest estimate coming in at $28.31 billion.

Wall Street analysts forecast that JPMorgan Chase & Co. (NYSE:JPM) will report earnings per share (EPS) of $2.41 for the current fiscal quarter, according to Zacks. Two analysts have made estimates for JPMorgan Chase & Co.’s earnings, with estimates ranging from $2.31 to $2.48.

JPMorgan Chase & Co. (NYSE:JPM) – Investment analysts at Jefferies Financial Group lifted their FY2020 earnings per share estimates for JPMorgan Chase & Co. in a research report issued to clients and investors on Monday, April 15th, zacks investment research reports. jefferies financial Group analyst K. Usdin now forecasts that the financial services provider will [.]

On the post-earnings conference call with analysts. In comparison, rival Wells Fargo & Co. WFC, -0.41% said on Tuesday it expected 2019 NII to decline nearly 5%, while JPMorgan Chase & Co. JPM,

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Citigroup Inc. (NYSE:C), the Bank of America Corporation (NYSE:BAC), Wells Fargo & Company (NYSE:WFC), and JPMorgan Chase & Co. (NYSE:JPM. 13.5 per share. Wells Fargo & Company When Wells Fargo.

This time around, the market did not seem pleased with JPMorgan Chase (NYSE:JPM). On Friday, April 13 th , the stock fell 3%+ despite beating analyst estimates on revenue and earnings per share.