Actionable news
0
All posts from Actionable news
Actionable news in JPM: JPMORGAN CHASE & CO.,

What to Expect When JPMorgan (JPM) Reports Earnings Results Next Week

NEW YORK (TheStreet) -- Shares of JPMorgan Chase (JPM - Get Report) are down by 0.16% to $62.03 in mid-morning trading on Friday, ahead of the release of the company's third quarter earnings results, due out on Tuesday.

The New York City-based financial holding company is expected to report third quarter earnings of $1.38 per share on revenue of $24 billion.

Earnings for the quarter are expected to be ahead of the $1.36 the bank earned for the year ago period.

Exclusive Look Inside: You see Jim Cramer on TV. Now, see where he invests his money. Check out his multi-million dollar portfolio and discover which stocks he is trading. Click here to see the holdings for 14-days FREE.

However, revenue expectations for the third quarter this year are below the $24.4 billion the bank generated last year.

Separately, TheStreet Ratings team rates JPMORGAN CHASE & CO as a Buy with a ratings score of A+. TheStreet Ratings Team has this to say about their recommendation:

We rate JPMORGAN CHASE & CO (JPM) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority...


More