- (0:30) - Earnings Season Kicks Off
- (2:25) - Big Bank Earnings
- (8:05) - What To Expect From Q1 Earnings Season
- (11:00) - Episode Roundup: Podcast@Zacks.com
On today’s episode of the Zacks Friday Finish Line, Content Writer Ryan McQueeney and Editor Maddy Johnson take on this week’s biggest stories, including the latest earnings results from JPMorgan Chase (JPM - Free Report) , Citigroup (C - Free Report) , and Wells Fargo (WFC - Free Report) —as well as a brief look ahead to the rest of the Q1 report season.
Make sure to subscribe and leave the show a rating on Apple Podcasts!
The big banks kicked off Q1 earnings season with solid reports on Friday morning. All three of the aforementioned finance behemoths reported better-than-expected earnings figures, underscoring what should be a great overall report period for the sector.
Maddy and Ryan dig into each report and explain why higher trading revenues buoyed JPMorgan’s and Citigroup’s results, while Wells Fargo continues to face uncertainty over its fraudulent account scandal.
The hosts also took a brief look ahead at the rest of the upcoming Q1 earnings season. For the S&P index, total Q1 earnings are expected to be up 13.4% from the same period last year on 6.9% higher revenues. Will this growth be enough for investors to forget about recent volatility? Make sure to check out the show to hear more!
As a reminder, if you feel that we missed something, or if you want us to cover a different story, shoot us an email at firstname.lastname@example.org. Make sure to check out all of our other audio content at zacks.com/podcasts, and remember to subscribe and leave us a rating on Apple Podcasts.
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