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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
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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%.

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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.

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