Published on 22 Sep 2022 on Zacks via Yahoo Finance
JPMorgan Chase & Co. (JPM) Dips More Than Broader Markets: What You Should Know
In the latest trading session, JPMorgan Chase & Co. (JPM) closed at $111.21, marking a -1.14% move from the previous day. This change lagged the S&P 500's 0.84% loss on the day. Elsewhere, the Dow lost 0.36%, while the tech-heavy Nasdaq lost 0.19%.
Prior to today's trading, shares of the company had lost 2.86% over the past month. This has was narrower than the Finance sector's loss of 7.97% and the S&P 500's loss of 10.24% in that time.
JPMorgan Chase & Co. will be looking to display strength as it nears its next earnings release, which is expected to be October 14, 2022. The company is expected to report EPS of $2.97, down 20.59% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $32.14 billion, up 8.4% from the year-ago period.