Here comes JPMorgan … (JPM)
|10/12/2017||Posted by BusinessMediaguide.Com under General World News||
JPMorgan Chase is set to announce third-quarter earnings Thursday at 6:45 a.m.
Wall Street estimates the firm will announce earnings of $1.645 per share on a GAAP basis, down from $1.83 the previous quarter.
Here’s what else analysts are expecting:
- Revenues of $25.6 billion, down slightly from $25.76 billion in the second quarter.
- Net income of $5.9 billion on a GAAP basis, up from $6.55 billion in the second quarter.
- A hit to trading: Jamie Dimon said in September that trading revenues could drop 20%.