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5 Reasons To Buy JPMorgan Chase (JPM) Ahead Of Earnings

Published 01/10/2018, 12:53 AM
Updated 07/09/2023, 06:31 AM
JPM
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On Friday, January 12th, JPMorgan Chase (JPM) will release its fourth quarter earnings results after the bell. The company is a Zacks Rank 3 (Hold), and have a Value, Growth, and Momentum score of F.

Dave will look at JPMorgan Chase’s past earnings, take a look at what is currently going on with the company, and give us his thoughts on their upcoming earnings announcement.

Furthermore, Dave will uncover some potential options trades for investors looking to make a play on JPMorgan Chase ahead of earnings.

JPMorgan Chase in Focus

JPMorgan Chase & Co (NYSE:JPM). is a financial services firm. The Company is engaged in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, asset management and private equity. It offers various investment banking products and services, including advising on corporate strategy and structure, capital-raising in equity and debt markets, risk management, market-making in cash securities and derivative instruments, prime brokerage. It also offers consumer and business, and mortgage banking products and services that include checking and savings accounts, mortgages, home equity and business loans, and investments. JPMorgan Chase & Co. is headquartered in New York.

JPMorgan Chase is expected to report $1.69 per share per share according to the Zacks Consensus Estimate. Last quarter they beat earnings expectations by 5.39%. They reported earnings at $1.76 per share, beating their estimate of $1.67. They have an average earnings surprise of 12.75% over the last 4 quarters.

J P Morgan Chase & Co Price, Consensus and EPS Surprise

J P Morgan Chase & Co Price, Consensus and EPS Surprise | J P Morgan Chase & Co Quote

Bottom Line

How should investors play JPMorgan Chase ahead of their earnings report? For insights on the best options trades, then tune in at 1:00pm CST today to see David’s thoughts.


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J P Morgan Chase & Co (JPM): Free Stock Analysis Report

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