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New York-based JPMorgan Chase & Co. (JPM) is a leader in the financial services sector, offering highest quality service to millions of consumers, small businesses, corporate, institutional and government clients. With a market cap of $679 billion, JPMorgan’s operations span 100+ countries in the Americas, EMEA and Indo-Pacific. The financial sector behemoth is expected to release its Q4 earnings before the market opens on Wednesday Jan. 15.
Ahead of the event analysts expect JPMorgan to report an adjusted profit of $3.86 per share down 2.8% from $3.97 per share reported in the year-ago quarter. However, the company has a robust earnings surprise history and has surpassed analysts’ earnings estimates in each of the past four quarters. Its adjusted EPS for the last reported quarter grew marginally to $4.37, exceeding analysts’ estimates by 8.7%.