Published on 28 Jun 2022 on Zacks via Yahoo Finance
JPMorgan Chase & Co. (JPM) closed the most recent trading day at $115.82, moving -0.48% from the previous trading session. This change was narrower than the S&P 500's daily loss of 2.01%. At the same time, the Dow lost 1.56%, and the tech-heavy Nasdaq lost 0.2%.
Coming into today, shares of the company had lost 11.34% in the past month. In that same time, the Finance sector lost 8.01%, while the S&P 500 lost 6.08%.
JPMorgan Chase & Co. will be looking to display strength as it nears its next earnings release, which is expected to be July 14, 2022. The company is expected to report EPS of $2.78, down 26.46% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $31.24 billion, up 2.48% from the year-ago period.