Earnings Preview for JP Morgan Chase & Co. (JPM) 4Q 2011
JPMorgan Chase (JPM) is scheduled to report Q4 2011 earnings before the bell on Friday, January 13. The results are typically released at 7:00 a.m. EST with a conference call slated to follow at 9:00 a.m. JPMorgan Chase is the first of the major U.S. financial institutions to report quarterly results. Therefore, the numbers could have a significant impact in the trading of other names in the financial sector (XLF), as well as U.S. index futures and other broad market securities. The results will be followed with numbers from Citigroup (C) on Tuesday. Despite concerns over weaker capital markets activity during the quarter and a slew of estimate cuts from the sell-side, JPMorgan Chase shares have been rallying into the earnings release, thanks in part to its diverse business model and solid balance sheet.