JPMorgan Shares Fall 1.95% Ahead of Q1 EPS Forecast of $5.42
JPMorgan shares fell 1.95%, underperforming the S&P 500 by 1.38 percentage points and the Finance sector by 0.92 after a prior 5.64% decline, as investors focus on projected Q1 EPS of $5.42 on $47.88 billion revenue and full-year EPS of $21.72 on $192.63 billion.
1. Stock Performance and Market Comparison
JPMorgan shares declined 1.95% in the most recent trading session, lagging the S&P 500’s 0.57% loss and the Finance sector’s 2.87% drop. Over the prior period, the stock had fallen 5.64%, underscoring investor caution ahead of earnings.
2. Upcoming Earnings Projections
Analysts project Q1 EPS of $5.42, a 6.90% increase from last year, on $47.88 billion in revenue, up 5.67% year-over-year. Full-year forecasts call for $21.72 in EPS (+6.78%) and $192.63 billion in revenue (+5.58%).
3. Valuation Metrics
JPMorgan trades at a forward P/E of 13.78 versus the industry average of 13.43, reflecting a modest premium. Its PEG ratio stands at 1.24 compared to the industry’s 1.06, indicating growth expectations factored into the valuation.
4. Analyst Ranking and Industry Positioning
The bank holds a Zacks Rank of #3 (Hold) after a 1.65% EPS estimate revision over the past 30 days. The Financial – Investment Bank industry sits in the top 10% of all sectors with a Zacks Industry Rank of 24.