JPMorgan earnings are coming - here's what Wall Street expects

Marco Green
October 12, 2017

Therefore 52% are positive. Finally, Dodge & Cox bought a new position in JPMorgan Chase & Co. during the fourth quarter worth approximately $2,297,616,000. The rating was maintained by UBS on Friday, January 15 with "Neutral". Atlantic Securities upgraded JPMorgan Chase & Co. BMO Capital Markets maintained the shares of JPM in report on Wednesday, August 23 with "Hold" rating. The firm has "Hold" rating by Keefe Bruyette & Woods given on Tuesday, October 3. The firm earned "Buy" rating on Tuesday, September 26 by RBC Capital Markets. The rating was maintained by Jefferies with "Buy" on Friday, September 15. On Wednesday, the stock was still within range of a 95.32 buy point of a flat base. On Friday, July 14 the stock rating was maintained by Keefe Bruyette & Woods with "Hold".

Since May 11, 2017, it had 0 insider purchases, and 1 sale for $568,100 activity. Another trade for 5,666 shares valued at $497,928 was sold by HOOLEY JOSEPH L. CARP JEFFREY N had sold 2,656 shares worth $233,409 on Monday, June 12. Vining Sparks maintained JPMorgan Chase & Co.

Analysts had expected earnings of $1.65 per share, according to Thomson Reuters I/B/E/S.

The bank announced FICC sales & trading revenue of $3.16 billion, which was shy of the $3.18 billion that analysts were anticipating. Its down 0.02, from 0.75 in 2017Q1. It turned negative, as 33 investors sold State Street Corp shares while 306 reduced holdings. 86 funds opened positions while 163 raised stakes.

JPMorgan Chase was scheduled to report third-quarter earnings before the opening bell Thursday. (NYSE:JPM) for 49,535 shares. Washington Financial Bank reported 60,020 shares. First Mercantile reported 0.6% in JPMorgan Chase & Co. Columbia Asset Mngmt has invested 1.07% in JPMorgan Chase & Co. (NYSE:JPM). Mutual Ins Federation Of Agricultural Cooperatives has invested 0.09% in JPMorgan Chase & Co. More interesting news about JPMorgan Chase & Co. (NYSE:JPM). Hollow Brook Wealth Limited Company holds 0.6% or 9,631 shares in its portfolio. M Kraus reported 4,333 shares or 0.25% of all its holdings. Manning & Napier Advisors LLC now owns 389,834 shares of the financial services provider's stock valued at $35,629,000 after buying an additional 63,157 shares during the period. The company has market cap of $341.80 billion. Tower Cap (Trc) stated it has 6,166 shares or 0.06% of all its holdings. Gluskin Sheff Assoc Inc accumulated 517,547 shares. Trust Of Vermont invested in 3,659 shares.

Capital International Sarl increased Coca (NYSE:KO) stake by 24,900 shares to 235,050 valued at $10.54 million in 2017Q2. It also upped L Brands Inc (LTD) stake by 106,140 shares and now owns 297,380 shares. JPM's earnings growth in the last five years was a low 6.30%, indicating a relatively more optimistic future painted for the company in the future. Therefore 83% are positive. JPMorgan Chase & Co had 79 analyst reports since July 21, 2015 according to SRatingsIntel. On Thursday, October 5 the stock rating was maintained by Piper Jaffray with "Hold". Goldman Sachs downgraded the stock to "Neutral" rating in Thursday, October 29 report. The stock on Wednesday was still extended from a 69.96 buy point.

Investors sentiment decreased to 0.95 in 2017 Q2. Earnings in the reported quarter include $107 million of legal benefit. Boston Private Wealth Ltd Liability Corp reported 0.01% of its portfolio in Rite Aid Corporation (NYSE:RAD). Monetary Grp holds 1.81% or 48,575 shares in its portfolio. 25,589 are owned by Ballentine Ltd Liability.

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