Here comes JPMorgan… (JPM)
|07/13/2018||Posted by BusinessMediaguide.Com under General World News||
JPMorgan is set to announce second-quarter earnings results Friday morning.
Analysts expect the bank to report adjusted earnings of $2.22, a 30% increase from last year.
Here’ s what else analysts will be looking for:
- Revenue: $27.3 billion
- Net income: $7.6 billion
- Business conditions: Investors will be focused on the firm’s net interest margin, to see what impact this year’s rate hikes have had. There are also signs of a pick up in loan growth, according to KBW analysts, who will be listening to management commentary for signs of a second half increase. Intra-quarter guidance suggest that trading volumes will be mostly flat, read more >>>