Earnings Preview: JPMorgan Chase Earnings Expected to Increase Over Last Quarter

It is time to get ready for JPMorgan Chase JPM earnings! Don't be caught off-guard: The company releases its next round of earnings this Thursday, July 14, 2011. Wondering what Wall Street is thinking ahead of JPMorgan Chase's latest earnings numbers? Get the latest predictions in our essential guide to the company's second quarter earnings report. The Numbers: Wall Street expects a positive EPS reading of $1.21 per share and revenues of $25.22 billion. We will have to wait for Thursday to see if JPMorgan Chase has accomplished the estimated 157% rise in EPS and a 98% increase in revenues on a year-over-year basis. Here is how the company's reported EPS has stacked up against analyst estimates in the past:
Q1 $1.28 vs. $1.16 Estimate
Q2 $1.12 vs. $1.91 Estimate
Q3 $1.01 vs. $0.91 Estimate
Q4 $1.09 vs. $0.71 Estimate Stock Performance: As of July 8, 2011, JPMorgan Chase's current share price was $40.74. Shares are down 2.7% year to date. Average Stock Rating: The average rating by analysts for JPMorgan Chase is a Moderate Buy. This rating has strengthened slightly over the past ninety days. Competitors: Looking for a sympathy stock to trade or interested in the performance of other companies in the same sector? Take a look at some of JPMorgan Chase's peers:

• Bank of America BAC: Hold with a $0.17 recent quarter EPS
• Citigroup C: Moderate Buy with a $1.0 recent quarter EPS
• Goldman Sachs Group GS: Moderate Buy with a $1.56 recent quarter EPS

The bank company's industry has seen price/earnings growth of 0.1% during the current fiscal year. Finally, a description of the main business areas of the company, in case you need a little refresher: JPMorgan Chase is a global securities, investment banking and retail banking firm with operations worldwide. Take Action: Now that you've gotten an advanced peak at JPMorgan Chase's upcoming earnings numbers, keep an eye out for any surprises in the report and be ready to take action. Also, check back in with us after the announcement for a full recap and a guide to your next steps. To see up-to-date news on JPMorgan Chase, click here. To see other trading ideas, click here. To see other company earnings recaps, click here.