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JPMorgan Chase Earnings Estimate

JPM Stock  USD 199.52  3.79  1.94%   
The next projected EPS of JPMorgan Chase is estimated to be 3.91 with future projections ranging from a low of 3.8 to a high of 4.62. JPMorgan Chase's most recent 12-month trailing earnings per share (EPS TTM) is at 16.23. Please be aware that the consensus of earnings estimates for JPMorgan Chase Co is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
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JPMorgan Chase is projected to generate 3.91 in earnings per share on the 31st of March 2024. JPMorgan Chase earnings estimates module stress-tests analyst consensus about projected JPMorgan Chase Co EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Many public companies, such as JPMorgan Chase, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing JPMorgan Chase's earnings estimates, investors can diagnose different trends across JPMorgan Chase's analyst sentiment over time as well as compare current estimates against different timeframes. At this time, JPMorgan Chase's Gross Profit is very stable compared to the past year. As of the 28th of March 2024, Operating Profit Margin is likely to grow to 0.72, while Pretax Profit Margin is likely to drop 0.20.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JPMorgan Chase Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

JPMorgan Chase Earnings Estimation Breakdown

The calculation of JPMorgan Chase's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of JPMorgan Chase is estimated to be 3.91 with the future projection ranging from a low of 3.8 to a high of 4.62. Please be aware that this consensus of annual earnings estimates for JPMorgan Chase Co is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
2.81
3.80
Lowest
Expected EPS
3.91
4.62
Highest

JPMorgan Chase Earnings Projection Consensus

Suppose the current estimates of JPMorgan Chase's value are higher than the current market price of the JPMorgan Chase stock. In this case, investors may conclude that JPMorgan Chase is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and JPMorgan Chase's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 31st of March 2024Current EPS (TTM)
2886.52%
2.81
3.91
16.23

JPMorgan Chase Earnings History

Earnings estimate consensus by JPMorgan Chase analysts from Wall Street is used by the market to judge JPMorgan Chase's stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only JPMorgan Chase's upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.

JPMorgan Chase Quarterly Gross Profit

38.6 Billion

As of the 28th of March 2024, Retained Earnings is likely to grow to about 349.5 B, while Retained Earnings Total Equity is likely to drop about 179.9 B. As of the 28th of March 2024, Net Income Applicable To Common Shares is likely to grow to about 43.3 B, while Common Stock Shares Outstanding is likely to drop about 2.5 B.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of JPMorgan Chase's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
199.24200.09200.94
Details
Intrinsic
Valuation
LowRealHigh
192.78193.63219.47
Details
Naive
Forecast
LowNextHigh
199.92200.77201.62
Details
24 Analysts
Consensus
LowTargetHigh
146.71161.22178.95
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as JPMorgan Chase. Your research has to be compared to or analyzed against JPMorgan Chase's peers to derive any actionable benefits. When done correctly, JPMorgan Chase's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in JPMorgan Chase. Note that many institutional investors and large investment bankers can move markets due to the volume of JPMorgan assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards JPMorgan Chase. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving JPMorgan Chase's stock price in the short term.

JPMorgan Chase Earnings per Share Projection vs Actual

Actual Earning per Share of JPMorgan Chase refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering JPMorgan Chase Co predict the company's earnings will be in the future. The higher the earnings per share of JPMorgan Chase, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

JPMorgan Chase Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as JPMorgan Chase, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of JPMorgan Chase should always be considered in relation to other companies to make a more educated investment decision.

JPMorgan Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact JPMorgan Chase's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2024-01-30
2023-12-313.072.81-0.26
2023-10-13
2023-09-303.964.50.5413 
2023-07-14
2023-06-3044.980.9824 
2023-04-14
2023-03-313.414.320.9126 
2023-01-13
2022-12-313.073.560.4915 
2022-10-14
2022-09-302.883.360.4816 
2022-07-14
2022-06-302.882.76-0.12
2022-04-13
2022-03-312.692.760.07
2022-01-14
2021-12-313.013.330.3210 
2021-10-13
2021-09-3033.740.7424 
2021-07-13
2021-06-303.213.780.5717 
2021-04-14
2021-03-313.14.591.4948 
2021-01-15
2020-12-312.623.791.1744 
2020-10-13
2020-09-302.232.920.6930 
2020-07-14
2020-06-301.041.380.3432 
2020-04-14
2020-03-311.840.78-1.0657 
2020-01-14
2019-12-312.352.570.22
2019-10-15
2019-09-302.452.680.23
2019-07-16
2019-06-302.52.510.01
2019-04-12
2019-03-312.352.650.312 
2019-01-15
2018-12-312.21.98-0.2210 
2018-10-12
2018-09-302.252.340.09
2018-07-13
2018-06-302.222.290.07
2018-04-13
2018-03-312.282.26-0.02
2018-01-12
2017-12-311.691.760.07
2017-10-12
2017-09-301.651.760.11
2017-07-14
2017-06-301.581.710.13
2017-04-13
2017-03-311.521.650.13
2017-01-13
2016-12-311.441.580.14
2016-10-14
2016-09-301.391.580.1913 
2016-07-14
2016-06-301.431.550.12
2016-04-13
2016-03-311.261.350.09
2016-01-14
2015-12-311.251.320.07
2015-10-13
2015-09-301.371.680.3122 
2015-07-14
2015-06-301.441.540.1
2015-04-14
2015-03-311.41.450.05
2015-01-14
2014-12-311.311.19-0.12
2014-10-14
2014-09-301.381.36-0.02
2014-07-15
2014-06-301.291.460.1713 
2014-04-11
2014-03-311.41.28-0.12
2014-01-14
2013-12-311.351.40.05
2013-10-11
2013-09-301.171.420.2521 
2013-07-12
2013-06-301.441.60.1611 
2013-04-12
2013-03-311.391.590.214 
2013-01-16
2012-12-311.161.390.2319 
2012-10-12
2012-09-301.241.510.2721 
2012-07-13
2012-06-300.711.090.3853 
2012-04-13
2012-03-311.181.280.1
2012-01-13
2011-12-310.90.90.0
2011-10-13
2011-09-300.911.020.1112 
2011-07-14
2011-06-301.211.270.06
2011-04-13
2011-03-311.161.280.1210 
2011-01-14
2010-12-3111.120.1212 
2010-10-13
2010-09-300.91.010.1112 
2010-07-15
2010-06-300.670.730.06
2010-04-14
2010-03-310.640.740.115 
2010-01-15
2009-12-310.610.740.1321 
2009-10-14
2009-09-300.520.820.357 
2009-07-16
2009-06-300.040.280.24600 
2009-04-16
2009-03-310.320.40.0825 
2008-10-15
2008-09-30-0.210.110.32152 
2008-07-17
2008-06-300.440.540.122 
2008-04-16
2008-03-310.640.680.04
2008-01-16
2007-12-310.920.86-0.06
2007-10-17
2007-09-300.90.970.07
2007-07-18
2007-06-301.091.20.1110 
2007-04-18
2007-03-311.021.340.3231 
2007-01-17
2006-12-310.951.090.1414 
2006-10-18
2006-09-300.860.920.06
2006-07-19
2006-06-300.870.990.1213 
2006-04-19
2006-03-310.840.860.02
2006-01-18
2005-12-310.720.730.01
2005-10-19
2005-09-300.720.750.03
2005-07-20
2005-06-300.640.660.02
2005-04-20
2005-03-310.690.810.1217 
2005-01-19
2004-12-310.680.64-0.04
2004-10-20
2004-09-300.740.6-0.1418 
2004-07-21
2004-06-300.830.850.02
2004-04-21
2004-03-310.870.920.05
2004-01-21
2003-12-310.770.890.1215 
2003-10-22
2003-09-300.760.780.02
2003-07-16
2003-06-300.630.890.2641 
2003-04-16
2003-03-310.510.690.1835 
2003-01-22
2002-12-31-0.09-0.070.0222 
2002-10-16
2002-09-300.070.160.09128 
2002-07-17
2002-06-300.650.58-0.0710 
2002-04-17
2002-03-310.530.570.04
2002-01-16
2001-12-310.340.12-0.2264 
2001-10-17
2001-09-300.50.510.01
2001-07-18
2001-06-300.650.64-0.01
2001-04-18
2001-03-310.670.70.03
2001-03-12
2000-12-310.450.37-0.0817 
2000-10-18
2000-09-300.940.68-0.2627 
2000-07-19
2000-06-300.850.950.111 
2000-04-19
2000-03-311.021.060.04
2000-01-19
1999-12-310.871.320.4551 
1999-10-20
1999-09-300.880.910.03
1999-07-21
1999-06-300.91.030.1314 
1999-04-20
1999-03-310.830.910.08
1999-01-19
1998-12-310.790.870.0810 
1998-10-20
1998-09-300.520.550.03
1998-07-21
1998-06-300.790.830.04
1998-04-21
1998-03-310.750.780.03
1998-01-20
1997-12-310.640.63-0.01
1997-10-21
1997-09-300.720.750.03
1997-07-15
1997-06-300.690.70.01
1997-04-15
1997-03-310.660.670.01
1997-01-21
1996-12-310.630.630.0
1996-10-15
1996-09-300.610.610.0
1996-07-16
1996-06-300.580.60.02
1996-04-16
1996-03-310.550.660.1120 
1996-01-16
1995-12-310.540.560.02
1995-10-16
1995-09-300.530.52-0.01

About JPMorgan Chase Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of JPMorgan Chase earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current JPMorgan Chase estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as JPMorgan Chase fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.
Last ReportedProjected for 2024
Retained Earnings332.9 B349.5 B
Retained Earnings Total Equity340.9 B179.9 B
Earning Assets1.7 T1.6 T
Price Earnings Ratio 10.09  9.62 
Price Earnings To Growth Ratio 0.30  0.18 

JPMorgan Chase Investors Sentiment

The influence of JPMorgan Chase's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in JPMorgan. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to JPMorgan Chase's public news can be used to forecast risks associated with an investment in JPMorgan. The trend in average sentiment can be used to explain how an investor holding JPMorgan can time the market purely based on public headlines and social activities around JPMorgan Chase Co. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
JPMorgan Chase's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for JPMorgan Chase's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average JPMorgan Chase's news discussions. The higher the estimated score, the more favorable is the investor's outlook on JPMorgan Chase.

JPMorgan Chase Implied Volatility

    
  31.11  
JPMorgan Chase's implied volatility exposes the market's sentiment of JPMorgan Chase Co stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if JPMorgan Chase's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that JPMorgan Chase stock will not fluctuate a lot when JPMorgan Chase's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards JPMorgan Chase in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, JPMorgan Chase's short interest history, or implied volatility extrapolated from JPMorgan Chase options trading.

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When determining whether JPMorgan Chase is a strong investment it is important to analyze JPMorgan Chase's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact JPMorgan Chase's future performance. For an informed investment choice regarding JPMorgan Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JPMorgan Chase Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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Is JPMorgan Chase's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of JPMorgan Chase. If investors know JPMorgan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about JPMorgan Chase listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.15)
Dividend Share
4.1
Earnings Share
16.23
Revenue Per Share
49.687
Quarterly Revenue Growth
0.111
The market value of JPMorgan Chase is measured differently than its book value, which is the value of JPMorgan that is recorded on the company's balance sheet. Investors also form their own opinion of JPMorgan Chase's value that differs from its market value or its book value, called intrinsic value, which is JPMorgan Chase's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because JPMorgan Chase's market value can be influenced by many factors that don't directly affect JPMorgan Chase's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between JPMorgan Chase's value and its price as these two are different measures arrived at by different means. Investors typically determine if JPMorgan Chase is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JPMorgan Chase's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.