As JPMorgan Chase & Co. (NYSE:JPM) prepares to unveil its second-quarter earnings on July 15, the financial world is bracing for a significant shift that reflects broader economic trends. Over the past year, rising interest rates and inflationary pressures have squeezed borrowers and heightened market volatility, factors that are expected to dampen the bank’s profits.
Analysts expect the company to report quarterly earnings at $4.47 per share, down from $6.12 per share in the year-ago period. JPMorgan projects to report quarterly revenue of $43.98 billion, compared to $50.2 billion a year earlier, according to data from Benzinga Pro.
On Wednesday, Truist Securities analyst John McDonald maintained a Hold rating on JPMorgan and raised the price target from $280 to $290.
With the recent buzz around JPMorgan, some investors may be eyeing potential gains from the company’s dividends. As of now, JPMorgan offers …
Full story available on Benzinga.com
As JPMorgan Chase & Co. (NYSE:JPM) prepares to unveil its second-quarter earnings on July 15, the financial world is bracing for a significant shift that reflects broader economic trends. Over the past year, rising interest rates and inflationary pressures have squeezed borrowers and heightened market volatility, factors that are expected to dampen the bank’s profits.
Analysts expect the company to report quarterly earnings at $4.47 per share, down from $6.12 per share in the year-ago period. JPMorgan projects to report quarterly revenue of $43.98 billion, compared to $50.2 billion a year earlier, according to data from Benzinga Pro.
On Wednesday, Truist Securities analyst John McDonald maintained a Hold rating on JPMorgan and raised the price target from $280 to $290.
With the recent buzz around JPMorgan, some investors may be eyeing potential gains from the company’s dividends. As of now, JPMorgan offers …
Full story available on Benzinga.com
As JPMorgan Chase & Co. (NYSE:JPM) prepares to unveil its second-quarter earnings on July 15, the financial world is bracing for a significant shift that reflects broader economic trends. Over the past year, rising interest rates and inflationary pressures have squeezed borrowers and heightened market volatility, factors that are expected to dampen the bank’s profits.
Analysts expect the company to report quarterly earnings at $4.47 per share, down from $6.12 per share in the year-ago period. JPMorgan projects to report quarterly revenue of $43.98 billion, compared to $50.2 billion a year earlier, according to data from Benzinga Pro.
On Wednesday, Truist Securities analyst John McDonald maintained a Hold rating on JPMorgan and raised the price target from $280 to $290.
With the recent buzz around JPMorgan, some investors may be eyeing potential gains from the company’s dividends. As of now, JPMorgan offers …Full story available on Benzinga.com Read More$500 Dividend, Dividend, dividend yield, Earnings, JPM, Long Ideas, News, Stories That Matter, Dividends, Markets, Trading Ideas, JPM, US46625H1005, Long Ideas, News, Earnings, Dividends, Markets, Trading Ideas, Benzinga Markets
