NVDA Q3 Earnings Alert: Why our AI stock picker is still holding Nvidia stockRead More

JPMorgan Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Published 10/04/2024, 17:16
Updated 10/04/2024, 18:40
© Reuters.  JPMorgan Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
JPM
-

Benzinga - by Avi Kapoor, Benzinga Staff Writer.

JPMorgan Chase & Co. (NYSE: JPM) is expected to release earnings results for its first quarter, before the opening bell on April 12, 2024.

Analysts expect the New York-based company to report quarterly earnings at $4.15 per share, up from $4.1 per share in the year-ago quarter. JPMorgan is projected to report quarterly revenue of $41.96 billion, compared to $39.34 billion in the year-earlier period, according to data from Benzinga Pro.

J.P. Morgan Asset Management said Chris Meredith has joined as Chief Investment Officer (CIO) - Tax-Smart Strategies.

JPMorgan shares fell 0.7% to close at $197.15 on Tuesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

  • Keefe, Bruyette & Woods analyst David Konrad maintained a Market Perform rating and raised the price target from $182 to $195 on April 5, 2024. This analyst has an accuracy rate of 75%.
  • RBC Capital analyst Gerard Cassidy reiterated an Outperform rating with a price target of $185 on March 20, 2024. This analyst has an accuracy rate of 71%.
  • Oppenheimer analyst Chris Kotowski maintained an Outperform rating and cut the price target from $238 to $219 on March 19, 2024. This analyst has an accuracy rate of 83%.
  • Piper Sandler analyst Scott Siefers maintained an Overweight rating and raised the price target from $200 to $210 on March 8, 2024. This analyst has an accuracy rate of 69%.
  • BMO Capital analyst James Fotheringham maintained a Market Perform rating and increased the price target from $192 to $194 on Jan. 16, 2024. This analyst has an accuracy rate of 73%.

Read This Next: Jim Cramer Was Upset At This Hostile Takeover, But 'They Fixed The Situation. Stock's Been A Horse'

Latest Ratings for JPM

DateFirmActionFromTo
Feb 2022JefferiesDowngradesBuyHold
Jan 2022Morgan StanleyMaintainsUnderweight
Jan 2022CitigroupMaintainsNeutral
View More Analyst Ratings for JPM

View the Latest Analyst Ratings

© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read the original article on Benzinga

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.