JPMorgan Shares Fall 4.22% to $297.67 Ahead of Q1 Results
JPMorgan shares fell 4.22% to $297.67, trailing the S&P 500’s 1.04% decline and the Dow’s 1.66% drop in the session. The bank is expected to report Q1 EPS of $5.28 (up 4.1% year-over-year) on revenue of $47.77 billion (up 5.4%).
1. Stock Performance
JPMorgan shares closed down 4.22% at $297.67, underperforming the S&P 500’s 1.04% loss, the Dow’s 1.66% drop and the Nasdaq’s 1.13% slide. Before today, JPMorgan had gained 4.39%, outpacing the Finance sector’s 1.22% rise and the S&P 500’s 1.75% gain.
2. Upcoming Q1 Earnings
The bank is projected to deliver Q1 EPS of $5.28, a 4.14% increase from the year-ago quarter, on revenue of $47.77 billion, up 5.42%. Full-year consensus forecasts call for EPS of $21.45 (up 5.46%) and revenue of $192.51 billion (up 5.52%).
3. Valuation and Analyst Metrics
The shares trade at a forward P/E of 14.49, above the industry average of 13.94, and a PEG ratio of 1.51 versus the industry’s 1.13. The stock holds a Zacks Rank #3 (Hold), reflecting mixed analyst estimate revisions.
4. Industry Position
JPMorgan operates in the Financial–Investment Banks industry, which ranks 40th out of 250+ industries, placing it in the top 17%. This industry ranking suggests stronger performance prospects compared with lower-ranked groups.