Here come JPMorgan's earnings. These are the key things traders are watching for in the report

  • 📰 CNBC
  • ⏱ Reading Time:
  • 25 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 37%
  • Publisher: 72%

JPMORGAN DRN Новости

Investment Strategy,Stock Markets,Banks

JPMorgan's report before the bell Friday could kick off the first-quarter earnings season on a positive note, according to Wall Street.

JPMorgan Chase's report before the bell Friday could kick off the first-quarter earnings season on a positive note, according to Wall Street analysts. The banking giant is expected to report earnings of $4.15 per share and $41.84 billion in revenue, according to LSEG. Many analysts also anticipate an upward revision to net interest income guidance, with the firm already forecasting $90 billion for the full year.

"Management has already alluded to JPM being asset sensitive, saying at a recent industry conference that at the margin, cuts coming out of the forward curve would be a tailwind to this year's revenues," Graseck wrote. Goldman Sachs analyst Richard Ramsden also highlighted JPMorgan as one of its most constructive buy-rated names, due in part to its conservative net interest income projections for 2024 based on muted deposit beta and loan growth estimates.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 12. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Stocks Tied to Artificial Intelligence Trading at a Premium, Says JPMorganJPMorgan analyst Samik Chatterjee notes that stocks tied to the artificial intelligence frenzy are trading at a premium compared to their historical trading average. Despite this, the stocks are still attractive and have been propelled to new heights by the AI trend. The underperformance of Tesla and Apple suggests that companies will need to prove they have a fundamental AI story rather than just riding the wave of Big Tech names.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »