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JPMorgan Chase is set to report first-quarter earnings following Dimon’s dire warning about economy

April 14, 2020

Via: CNBC

JPMorgan Chase is scheduled to report first-quarter earnings before the opening bell Tuesday.

Here’s what Wall Street expects:

  • Earnings: $1.84 per share, a 31% decline from a year earlier, according to Refinitiv.
  • Revenue: $29.67 billion, a 0.6% decline from a year earlier.
  • Net Interest Margin: 2.37%, according to FactSet
  • Trading Revenue: Fixed income $4 billion, equities $2.08 billion

JPMorgan is the first major U.S. bank to report earnings. Investors will be examining its results to glean how the coronavirus pandemic has impacted the bank’s retail banking and capital markets operations.

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