JPMorgan Likely To Report Higher Q3 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

JPMorgan Chase & Co. JPM is expected to release financial results for its third quarter, before the opening bell on Oct. 13, 2023.

Analysts expect the company to post quarterly earnings at $3.90 per share, up from year-ago earnings of $3.12 per share. The company’s revenue might come in at $39.57 billion, compared to $32.09 billion in the year-ago period.

JPMorgan shares fell 0.2% to close at $145.81 on Thursday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

• Oppenheimer analyst Chris Kotowski maintained an Outperform rating and cut the price target from $219 to $215 on Sept. 26, 2023. This analyst has an accuracy rate of 83%.
• HSBC analyst Saul Martinez initiated coverage on the stock with a Hold rating and a price target of $159 on Sept. 7, 2023. This analyst has an accuracy rate of 81%.
• Credit Suisse analyst Susan Roth Katzke maintained an Outperform rating and boosted the price target from $160 to $170 on July 17, 2023. This analyst has an accuracy rate of 73%.
• Citigroup analyst Keith Horowitz downgraded the stock from Buy to Neutral with a price target of $160 on July 12, 2023. This analyst has an accuracy rate of 75%.
• Morgan Stanley analyst Betsy Graseck maintained an Overweight rating and increased the price target from $179 to $187 on Oct. 3, 2023. This analyst has an accuracy rate of 62%.

Read This Next: How To Earn $500 A Month From Exxon Mobil After Pioneer Deal