Jamie Dimon, chairman and CEO of JPMorgan Chase, speaks at the Economic Club of New York (ECNY) event in New York, USA, Tuesday, April 23, 2024.
Victor J. Blue | Bloomberg | Getty Images
JPMorgan Chase The company released its second-quarter results before the market opened on Friday.
Here’s how the company’s report compares with forecasts from Wall Street analysts surveyed by LSEG:
Earnings: $4.40 per share, may differ from estimate of $4.19 per share. Revenue: $50.99 billion, versus estimate of $49.87 billion.
Will economic cracks start to show in JPMorgan Chase’s results?
JPMorgan has recently passed a number of stress tests, both real and hypothetical, but the bank’s clients may start to feel further stress from rising interest rates.
Another unresolved issue is JPMorgan’s succession plan after CEO Jamie Dimon acknowledged in May that he has less than five years left in his role.
Wells Fargo and Citigroup The results are expected to be announced later on Friday Goldman Sachs, Bank of America and Morgan Stanley I will report next week.
This story is developing, please check back for updates.
