Earnings season for banks kicks off with reports from JPMorgan ($JPM), Wells Fargo ($WFC), and Citigroup ($C). JPMorgan's earnings disappoint, leading to a 3.5% pre-market decline. The company forecasts lower-than-expected net interest income for 2024.
Good Morning! Here's a summary of the bank reports so far: $JPM -2.3% β’ EPS: $4.63 vs $3.82 est. β’ Rev: $41.9B vs $38.53B est. $BLK +2.4% β’ EPS: $9.81 vs $9.32 est. β’ Rev: $4.73B vs $4.68B est. $WFC +0.90% β’ EPS: $1.20 vs $1.00 est. β’ Rev: $20.86B vs $18.6B est.
Some Key Earnings Calls scheduled for Today [ET]: β $BLK: 7:30 AM β $JPM: 8:30 AM β $WFC: 10:00AM β $STT, $C : 11:00AM
JPMorgan forecasts lower-than-expected net interest income in 2024 https://t.co/m29IsIoSHK
Stock Market Today: Stocks lower with bank earnings in focus; JP Morgan slides https://t.co/2OUuj5irts
Some Key Earnings Calls scheduled for Today [ET]: β $BLK: 7:30 AM β $JPM: 8:30 AM β $WFC: 10:00AM β $STT, $C : 11:00AM For key quotes from these & more, subscribe to our weekly newsletter: https://t.co/fNOVvqNn8h
Some Key Earnings Calls scheduled for Today [ET]: β $WFC: 7:00AM β $BLK: 7:30 AM β $JPM: 8:30 AM β $STT & $C : 11:00AM
JP Morgan shares tumble as key Q1 earnings metric disappoints Wall Street https://t.co/pnK6EkNWAY
JPMorgan $JPM is down 3.5% in pre market trading on the earnings https://t.co/XttILnoogL https://t.co/Tw9ywByJ5b
******JPMORGAN STILL SEES FY NET INTEREST INCOME ABOUT $90B**** | But it was down sequentially from Q4, like we said.... @FDICgov $JPM And of course Jamie beat expectations, like hopping dog toys in dark hallways.... https://t.co/Elc7Ix5cpi
$JPM β JPMORGAN FALLS 4.2% AFTER FY NET INTEREST INCOME OUTLOOK MISS
JPMorgan $JPM reports earnings tomorrow morning, Wall ST is expecting numbers of EPS of $4.13 up 0.7% YoY Revenue of $41.69B up 8.7% YoY
Largest stocks that report earnings tomorrow JPMorgan $JPM Wells Fargo $WFC Progressive $PGR Blackrock $BLK Citi $C State Street $STT
Earnings season officially shifts into gear TOMORROW! Here's who to watch before the open: https://t.co/iMQhdl5zRg
Earnings season officially kicks off tomorrow! $WFC $JPM $BLK $STT $PGR $C https://t.co/x7oZuK3LZ3
Bank earnings are kicking off tomorrow. The Investment Committee look ahead to their favorite financial. $XLF $JPM https://t.co/5Z80YzzMhb
A look ahead at tomorrow morning's reports with expected moves. $JPM $WFC $C $BLK $PGR https://t.co/xdY2yPlYkS
EARNINGS SEASON STARTS TOMORROW!! π Tell me how you think this earnings season will go using JUST 1 word
Bank's earnings start trickling in tomorrow: $JPM $BAC $C $WFC https://t.co/CLuIDEom68
Top Earnings Th 4/11 Aft: $AGX $APLD . Top Earnings Fri 4/12 Pre: $BLK $C $JPM $PGR $STT $WFC
Banks start reporting earnings this week. Hereβs what to expect. https://t.co/rjwT6ckoBH https://t.co/rjwT6ckoBH
Speaking of earnings, Friday morning is $JPM $WFC and $C. A look at current expected moves and the importance of those prints to the market's next move perhaps: https://t.co/ZqDd721uj4 https://t.co/x2EMgWkadz