$29.38 Billion in Sales Expected for JPMorgan Chase & Co. (JPM) This Quarter

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NEW YORK – JPMorgan Chase & Co. said Friday that its third-quarter profits rose by 24 percent from a year ago, helped by a lower tax bill and higher interest rates, which allowed it to charge.

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The company is expected to report EPS of $2.56, up 11.79% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $29.38 billion, up 5.86% from.

Three analysts have made estimates for JPMorgan Chase & Co.’s earnings, with the lowest EPS estimate coming in at $2.12 and the highest estimate coming in at $2.48. JPMorgan Chase & Co. posted earnings of $2.37 per share in the same quarter last year, which indicates a negative year-over-year growth rate of 1.7%.

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Equities analysts expect JPMorgan Chase & Co. (NYSE:JPM) to post sales of $29.38 billion for the current fiscal quarter, according to Zacks Investment Research.Three analysts have made estimates for JPMorgan Chase & Co.’s earnings. The highest sales estimate is $29.88 billion and the lowest is $28.98 billion.

Description: JPMorgan Chase is one of the largest and most complex financial institutions in the United States, with more than $2.5 trillion in assets. It is organized into four major segments–consumer and community banking, corporate and investment banking, commercial banking, and asset and wealth management.

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Brokerages expect that JPMorgan Chase & Co. (NYSE:JPM) will report sales of $29.38 billion for the current fiscal quarter, according to Zacks. Three analysts have issued estimates for JPMorgan.

JPMorgan Chase Reports Second Quarter 2019 Financial Results J.P. Morgan Launches E-Customs Payment Solution to Digitize Cross-Border Payments in China J.P. Morgan launches 20th annual Summer Reading List

 · Wall Street analysts provide their ratings on a scale of 1 to 5, and the current average score for JPMorgan Chase & Co. [JPM] is sitting at 2.30. This is compared to 1 month ago, when its average rating was 2.30. For the quarter ending in Jun-19 JPMorgan Chase & Co. [jpm] generated $29.57 billion in sales.

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Equities analysts expect JPMorgan Chase & Co. (NYSE:JPM) to post sales of $29.38 billion for the current fiscal quarter, according to Zacks Investment Research. Three analysts have made estimates for JPMorgan Chase & Co.’s earnings. The highest sales estimate is $29.88 billion and the lowest is $28.98 billion.