JPMorgan Chase & Co. Earnings Preview: Can This Streak Continue?

JPMorgan Chase & Co. (NYSE:JPM) will report earnings before markets open on Friday, April 12th. JPMorgan Chase & Co. provides global financial services and retail banking. The Company provides services such as investment banking, treasury and securities services, asset management, private banking, card member services, commercial banking, and home finance. JP Morgan Chase serves business enterprises, institutions, and individuals.

Here is your Cheat Sheet to JPMorgan Chase Earnings:

Earnings Expectations: Analysts expect earnings of $1.39 per share on revenues of $25.94 billion. Currently, the company’s P/E ratio stands at 9.21.

Analyst Trends:

Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $1.33 to a profit $1.37. For the current year, the average estimate is a profit of $5.48, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how JPMorgan Chase has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 101,490 115,630 115,480 110,840 108,180
Diluted EPS ($) 1.35 2.26 3.96 4.48 5.20

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 24,390 29,090 25,130 27,800 26,160
Diluted EPS ($) 0.91 1.19 1.21 1.40 1.40

Past Performance:
JPMorgan Chase has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)