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JPMorgan Beats 7 of 8 Quarters; Analysts Debate Consensus
Original: 🎬 New on CycleStack $JPM Beat 7 of 8 Quarters. Is Wall Street's $5.93 Consensus Too Low Again? [$GS · $WFC · $C] ▶ Watch
JPMorgan has beaten earnings expectations in seven of its past eight quarters, prompting renewed questions about whether Wall Street's consensus estimate of $5.93 is too conservative. The discussion extends to other major US banks including Goldman Sachs, Wells Fargo and Citigroup as investors weigh whether bank earnings strength continues to outpace analyst forecasts.
Why now: Investors are questioning whether analysts are underestimating bank earnings ahead of the next reporting season.
JPMorganGoldman SachsWells FargoCitigroup
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