JPMorgan Chase 2Q Earnings Pregame Scorecard

Last quarter JPMorgan Chase topped estimates by 14 cents per share, and it is scheduled to report again on Friday.


Analysts currently expect JPMorgan Chase to come in with earnings of 81 cents per share on revenues of $21.91 billion. Analysts gave estimates ranging from 19 cents per share to $1.02 per share. Over the past two months, the average estimate has moved down from $1.26.

Last Quarter's Results

In the first quarter, profit fell 3.1% to $5.38 billion ($1.31 a share) from $5.55 billion ($1.28 a share) the year earlier, but exceeded analyst expectations. Revenue rose 3.4% to $29.75 billion from $28.76 billion.

Stock Ratings

Analysts are bullish on the stock as 17 analysts rate it as a buy and only two analysts rate it as a sell. Analyst sentiment has been improving recently, as the average rating risen slightly over the past three months.

Stock Movement

The stock fell $3.78 per share between May 10, 2012 and May 11, 2012. Looking at change over the last three months, April 11, 2012 and July 6, 2012, the stock price fell $10.11 (-23%), from $44.01 to $33.90.

Company Fundamental Trends The company will hope to take advantage of a revenue increase last quarter and build some momentum with the upcoming earnings announcement. After rising in the first quarter, revenue dipped 17.6% in the fourth quarter of the last fiscal year.


Reporting Period: 2Q

Date of Release: Friday, July 13, 2012

EPS: 81 cents

Revenue Estimate: $21.91 billion