Earnings Preview: JPMorgan and Wells Fargo

The second quarter earnings will be released tomorrow, Friday 13 July, for two major banks JPMorgan Chase & Co. (NYSE:JPM) and Wells Fargo & Company (NYSE:WFC). Here is a roundup of what the analysts are saying:

JPMorgan Chase Q2 2012 Preview

715 of the analysts grade JPMorgan Chose & Co. (NYSE:JPM) with a buy status. The collective predictions of analysts and trends to watch for are:

• Analysts expect the US bank to post earnings of 79-81 cents/ share, this is approximately 38% less from the previous year when reported earnings were $1.27/share
• The revenues are expected to...
  

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