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Gear Up for JPMorgan Chase & Co. (JPM) Q1 Earnings: Wall Street Estimates for Key Metrics
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The upcoming report from JPMorgan Chase & Co. (JPM - Free Report) is expected to reveal quarterly earnings of $5.46 per share, indicating an increase of 7.7% compared to the year-ago period. Analysts forecast revenues of $48.56 billion, representing an increase of 7.2% year over year.
The consensus EPS estimate for the quarter has been revised 3.1% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
With that in mind, let's delve into the average projections of some JPMorgan Chase & Co. metrics that are commonly tracked and projected by analysts on Wall Street.
The consensus among analysts is that 'Book value per share' will reach $128.70 . The estimate is in contrast to the year-ago figure of $119.24 .
Analysts expect 'Total Non-Performing Assets' to come in at $11.18 billion. The estimate is in contrast to the year-ago figure of $9.11 billion.
Analysts forecast 'Total Interest Earning Assets - Average Balance' to reach $3992.72 billion. The estimate is in contrast to the year-ago figure of $3668.38 billion.
It is projected by analysts that the 'Total Non-Performing Loans' will reach $10.62 billion. Compared to the present estimate, the company reported $8.62 billion in the same quarter last year.
Analysts predict that the 'Tier 1 Capital Ratio' will reach 15.1%. The estimate compares to the year-ago value of 16.5%.
The average prediction of analysts places 'Net Interest Income (FTE)' at $25.49 billion. The estimate compares to the year-ago value of $23.38 billion.
Analysts' assessment points toward 'Noninterest revenue- Principal transactions' reaching $7.62 billion. The estimate is in contrast to the year-ago figure of $7.61 billion.
The combined assessment of analysts suggests that 'Noninterest revenue- Investment banking fees' will likely reach $2.61 billion. Compared to the present estimate, the company reported $2.18 billion in the same quarter last year.
According to the collective judgment of analysts, 'Noninterest revenue- Mortgage fees and related income' should come in at $327.33 million. Compared to the current estimate, the company reported $278.00 million in the same quarter of the previous year.
The consensus estimate for 'Noninterest revenue- Lending- and deposit-related fees' stands at $2.31 billion. Compared to the present estimate, the company reported $2.13 billion in the same quarter last year.
Based on the collective assessment of analysts, 'Noninterest revenue- Card income' should arrive at $1.05 billion. Compared to the current estimate, the company reported $1.22 billion in the same quarter of the previous year.
The collective assessment of analysts points to an estimated 'Total Noninterest revenue' of $23.40 billion. The estimate is in contrast to the year-ago figure of $22.04 billion.
Shares of JPMorgan Chase & Co. have demonstrated returns of +7.1% over the past month compared to the Zacks S&P 500 composite's +0.8% change. With a Zacks Rank #3 (Hold), JPM is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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Gear Up for JPMorgan Chase & Co. (JPM) Q1 Earnings: Wall Street Estimates for Key Metrics
The upcoming report from JPMorgan Chase & Co. (JPM - Free Report) is expected to reveal quarterly earnings of $5.46 per share, indicating an increase of 7.7% compared to the year-ago period. Analysts forecast revenues of $48.56 billion, representing an increase of 7.2% year over year.
The consensus EPS estimate for the quarter has been revised 3.1% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
With that in mind, let's delve into the average projections of some JPMorgan Chase & Co. metrics that are commonly tracked and projected by analysts on Wall Street.
The consensus among analysts is that 'Book value per share' will reach $128.70 . The estimate is in contrast to the year-ago figure of $119.24 .
Analysts expect 'Total Non-Performing Assets' to come in at $11.18 billion. The estimate is in contrast to the year-ago figure of $9.11 billion.
Analysts forecast 'Total Interest Earning Assets - Average Balance' to reach $3992.72 billion. The estimate is in contrast to the year-ago figure of $3668.38 billion.
It is projected by analysts that the 'Total Non-Performing Loans' will reach $10.62 billion. Compared to the present estimate, the company reported $8.62 billion in the same quarter last year.
Analysts predict that the 'Tier 1 Capital Ratio' will reach 15.1%. The estimate compares to the year-ago value of 16.5%.
The average prediction of analysts places 'Net Interest Income (FTE)' at $25.49 billion. The estimate compares to the year-ago value of $23.38 billion.
Analysts' assessment points toward 'Noninterest revenue- Principal transactions' reaching $7.62 billion. The estimate is in contrast to the year-ago figure of $7.61 billion.
The combined assessment of analysts suggests that 'Noninterest revenue- Investment banking fees' will likely reach $2.61 billion. Compared to the present estimate, the company reported $2.18 billion in the same quarter last year.
According to the collective judgment of analysts, 'Noninterest revenue- Mortgage fees and related income' should come in at $327.33 million. Compared to the current estimate, the company reported $278.00 million in the same quarter of the previous year.
The consensus estimate for 'Noninterest revenue- Lending- and deposit-related fees' stands at $2.31 billion. Compared to the present estimate, the company reported $2.13 billion in the same quarter last year.
Based on the collective assessment of analysts, 'Noninterest revenue- Card income' should arrive at $1.05 billion. Compared to the current estimate, the company reported $1.22 billion in the same quarter of the previous year.
The collective assessment of analysts points to an estimated 'Total Noninterest revenue' of $23.40 billion. The estimate is in contrast to the year-ago figure of $22.04 billion.
View all Key Company Metrics for JPMorgan Chase & Co. here>>>Shares of JPMorgan Chase & Co. have demonstrated returns of +7.1% over the past month compared to the Zacks S&P 500 composite's +0.8% change. With a Zacks Rank #3 (Hold), JPM is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .