JPMorgan Chase & Co reports results for the quarter ended June 30 - Earnings Summary

• JPMorgan Chase & Co JPM reported quarterly adjusted earnings of $4.96​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $4.26. The mean expectation of nineteen analysts for the quarter was for earnings of $4.48 per share. Wall Street expected results to range from $4.22 to $4.85 per share.

• Revenue fell 10.4% to $45.68 billion from a year ago; analysts expected $44.06 billion.

• JPMorgan Chase & Co's reported EPS for the quarter was $5.24​.

• The company reported quarterly net income of $14.63 billion.

• JPMorgan Chase & Co shares had fallen by 0.4% this quarter and gained 20.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 1.2% in the last three months.​

• In the last 30 days, four analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 15 "strong buy" or "buy," 9 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the banks peer group is also "buy"

• Wall Street's median 12-month price target for JPMorgan Chase & Co is $300.00, about 3.8% above its last closing price of $288.70

This summary was machine generated from LSEG data July 15 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)