JPM Q2 Earnings Preview: Grab rewards by guessing the closing price!
JPM is releasing its Q2 earnings on July 12 before the bell.
Since its Q1 earnings release, shares of $JPMorgan (JPM.US)$ have seen an increase of 6.8%. How will the market react to the upcoming results? Make your guess now!
Rewards
● An equal share of 5,000 points: For mooers who correctly guess the price range of $JPMorgan (JPM.US)$'s closing price at 16:00 ET July 12 (e.g., If 50 mooers make a correct guess, each of them will get 100 points.)
(Vote will close on 14:00 ET July 12)
● Exclusive 300 points: For the writer of the top post on analyzing JPM's earnings prospects.
Note:
1. Rewards will be distributed within 5-7 working days after the result's announcement.
2. Rewards can be used to exchange gifts at the Rewards Club (moomoo app>> Me>> Redeem Points).
3. The selection is based on post quality, originality, and user engagement.
1. Rewards will be distributed within 5-7 working days after the result's announcement.
2. Rewards can be used to exchange gifts at the Rewards Club (moomoo app>> Me>> Redeem Points).
3. The selection is based on post quality, originality, and user engagement.
Disclaimer: This material is for informational use only and is not a recommendation of any investment and should not be used as the primary basis of any investment decisions. There is no assurance that any estimates or price targets mentioned will occur. Investing involves risks. Past performance is not indicative of future results. Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. In the U.S., Securities are offered through Moomoo Financial Inc., Member FINRA/SIPC. For AU users: AFSL 224663. All investments carry risks. Consider FSG before applying. Data and information displayed in these images are obtained from independent third-party sources. They do not constitute any financial advice, recommendation or solicitation to acquire or dispose financial products. All contents such as comments and links posted or shared by users of the community are the opinion of the respective authors only and do not reflect the opinions, views, or positions of Moomoo Financial Inc., Moomoo Technologies, any affiliates, or any employees of MFI, MTI or its affiliates. The reward selection shall be made upon moomoo's sole discretion and determination. Points may be redeemed only through the moomoo app and have no other value. See this link for more information.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
Read more
Comment
Sign in to post a comment
102362254 : $JPMorgan (JPM.US)$ is projected to report strong year-over-year growth in Q2 revenues. It showed a solid recovery in Q1 2024 which indicates it’s ability to bounce back. JPMorgan has consistently done better than expected in earnings, surpassing estimates by an average of 12.31% in the past year, which shows how resilient it is. Its various business areas like net interest income (NII) and market revenues play a big role in its overall performance. Keeping an eye on interest rates, market trends, and economic signs will be important for predicting how Q2 will go.
mr_cashcow : $JPMorgan (JPM.US)$ earnings prospects seems to be + & it is driven by the following:
①Interest rate nnvironment
②Loan growth
③Successes in M&A and IPO activities
④Effective cost management that reduce expenses, enhancing profitability
⑤Strong consumer banking performance
Potential challenges ahead:
①Geopolitical risks
②Competition from other rising online only banks
③Incrasingly stringent regulatory requirements
Analysts expectations of JPM:
Q2 2024 EPS: $4.75 (YoY growth: 10%)
2024 Full-Year EPS: $19.5 (YoY growth: 12%)
Disclaimer: All the above are purely for educational purposes and are NOT financial advises, plz DYOR/DD
gman_58 : been a customer of theirs for years. they are a powerhouse revenue machine!
Peanny : They usually don’t tell the truth, so I believe they will close over 215.
Brian Novak : Just a hunch
Qiao Lin : Optimistic about Chase
MoneyGenerator8 : Below 251.46
Xinjie Cao :
jamjammer : Go go… high interest environment more interest income!
Donald Dutcher : recent cpi data
View more comments...