JPMorgan Chase Forecasts 10.7% EPS Growth with Options Implying 4.7% Move
JPM•JPMorgan Chase will report Q2 results on July 14, with analysts forecasting $5.49 EPS on $48.71 billion revenue, up 10.7% and 8.5% year-over-year. Options traders imply a 4.7% next-day move, nearly double the 2.4% average, as the stock extends a 4.9% YTD gain and tests support at its 320-day moving average.
1. Q2 Earnings Expectations
JPMorgan Chase will report second-quarter results on July 14, with analysts forecasting $5.49 in earnings per share on $48.71 billion in revenue, representing 10.7% and 8.5% year-over-year growth and marking a strong top-and-bottom-line expansion.
2. Options Market Pricing
Options traders are pricing in a 4.7% next-day share move post-earnings, nearly double the bank’s eight-quarter average of 2.4%, reflecting elevated volatility expectations ahead of the release.
3. Technical and Performance Trends
The stock has gained 4.9% year-to-date and is approaching its June record high, with notable support at its 320-day moving average, suggesting technical resilience as earnings approach.
