JPM Q2 Earnings Preview: Grab rewards by guessing the closing price!
JPM is releasing its Q2 earnings on July 12 before the bell.
![JPM Q2 Earnings Preview: Grab rewards by guessing the closing price!](https://ussnsimg.moomoo.com/sns_client_feed/77777008/20240710/1720577564374-690a2359b9.png/big?area=100&is_public=true)
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.
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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:
Q2 2024 EPS: $4.75 (YoY growth: 10%)
2024 Full-Year EPS: $19.5 (YoY growth: 12%)
![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
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:
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 :![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
jamjammer : Go go… high interest environment more interest income!
Donald Dutcher : recent cpi data
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