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JPMorgan Chase (JPM) Stock Falls Ahead of Earnings Release

NEW YORK (TheStreet) -- Shares of JPMorgan Chase (JPM - Get Report) are down by 0.26% to $61.77 in early afternoon trading on Monday, ahead of the release of the company's third quarter earnings results, due out tomorrow after the closing bell.

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 reported for the year ago period.

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

TheStreet has additional coverage of JPMorgan's earnings release here.

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...