JPMorgan (JPM) Posts Q2 EPS of $1.55
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
BMO Capital Cuts Price Target on JPMorgan (JPM) Following 2Q Report
July 15, 2016 10:50 AM EDTBMO Capital maintained an Outperform rating on JPMorgan (NYSE: JPM), and cut the price target to $74.00 (from $77.00), following the company's 2Q earnings report. JPM reported EPS of $1.47 beating the consensus estimate of $1.42.
Analyst James Fotheringham commented, "We lower our core EPS forecasts by 1% in... More
Nomura Securities Cuts Price Target on JPMorgan (JPM) to $66 Following 2Q Report
July 15, 2016 7:11 AM EDTNomura Securities reiterated a Neutral rating on JPMorgan (NYSE: JPM), and cut the price target to $66.00 (from $67.00), following the company's 2Q earnings report. JPM reported EPS of $1.55, primarily driven by better results in CIB. JPM reiterated its guidance for 2016, with management incrementally more constructive on NII.... More
Mired in low rates, JPMorgan buoys itself with loan growth
July 14, 2016 6:49 AM EDTBy David Henry and Sweta Singh
(Reuters) - JPMorgan Chase & Co (NYSE: JPM) is lending more and keeping a lid on expenses to combat the scourge of low interest rates, allowing management to stick to financial goals for the year.
JPMorgan, the largest U.S. bank by assets, beat subdued expectations, reporting a 1 percent slide in second-quarter earnings on Thursday, in the face of historically low rates, volatile markets and questions about its future in one of Europe's biggest economies.
Chief Financial Officer Marianne Lake struck a resilient tone when... More
