No Chaser (JPM Earnings)
JPMorgan Chase (JPM) is scheduled to report Q4 results tomorrow before the bell. A conference call is set to follow at 8:30 a.m. ET.
For the quarter, analysts are expecting JPM to report EPS of $2.65 and revenue of $28.7 bln.
Given that the IPO market was on fire in Q4, another strong showing from JPM's Investment Banking unit is expected this quarter.
Jefferies (JEF) earnings previously set the bar with an impressive Q4 results, buoyed by a 133% surge in investment banking revenue.
JPM has maintained its quarterly dividend of $0.90/share, which translates to an annualized yield of 2.6%.
TECHS:
JPM Goes into the print testing its all time highs.
Goldman Sachs (GS) and Bank of America (BAC) are scheduled to report earnings before the open on 1/19 and Morgan Stanley (MS) is set to report earnings before the open on 1/20.
If you liked this content please click the ❤️ below and/or share this post.
TOTALLY FREE Trading Packet!
Click here to get my packet that shows you how I traded $600 into $100K FOR FREE.
This packet will explain to you in depth how I trade and how I manage my risk.
I am happy to share this. Just use the code KPAKFRAUD at checkout and you will get it TOTALLY FREE. You will pay absolutely nothing.
SHAMLESS PLUGS
CLICK HERE TO CHECK OUT MY 2020 PREVIEW OPINION PACKET. OVER 140 PAGES OF CONTENT AND INFORMATION AVAILABLE HERE.
Check out the latest episodes on my YouTube above and SoundCloud channel below.