JPM - JPMorgan Likely To Report Lower Q2 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call | Benzinga
JPMorgan Chase & Co. (NYSE:JPM) will release its second quarter financial results, before the opening bell on Friday, July 12.
Analysts expect the New York-based company to report quarterly earnings at $4.15 per share, down from $4.75 per share in the year-ago period. JPMorgan is expected to post revenue of $42.03 billion, compared to $42.4 billion a year earlier, according to data from Benzinga Pro.
Marko Kolanovic, JP Morgan's chief global market strategist and co-head of global research, is departing from the bank. After 19 years at JP Morgan, Kolanovic is "exploring other opportunities," Bloomberg reported, citing an internal memo.
JPMorgan shares gained 1.2% to close at $207.63 on Tuesday.
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