JPMorgan Chase & Co. (JPM) Beats Q1 Earnings and Revenue Estimates

Core Viewpoint - JPMorgan Chase & Co. reported quarterly earnings of $5.07 per share, exceeding the Zacks Consensus Estimate of$4.62 per share, and showing an increase from $4.63 per share a year ago, indicating a strong performance in the financial sector [1][2] Financial Performance - The company achieved revenues of$45.31 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 4.82% and up from 41.93 billion year-over-year [2] - Over the last four quarters, JPMorgan has consistently exceeded consensus EPS estimates [2] Stock Performance - JPMorgan Chase & Co. shares have declined approximately 5.3% since the beginning of the year, while the S&P 500 has seen a decline of 10.4%, indicating relative outperformance [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it is expected to perform in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is 4.50 on revenues of $42.91 billion, and for the current fiscal year, it is$18 on revenues of $171.66 billion [7] - The trend of estimate revisions for JPMorgan is mixed, which may change following the recent earnings report [6] Industry Context - The Financial - Investment Bank industry is currently ranked in the top 36% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact stock performance [5]