jpm earnings tomorrow!!! No need to worry though,

Discussion in 'Stocks' started by S2007S, Jan 13, 2011.

  1. S2007S


    analysts have used their tricks to make each earnings results look better than the next. Dont be surprised when 80%+ of companies beat earnings this quarter, it wont be a challenge what so ever.

    EPS of $0.99 a share on $24.48 billion revenue.

    Last quarter EPS of $1.01 and Revenue of $24.3 Billion

    So look at what involves jp morgans earnings tomorrow morning, last quarter they beat earnings by over .10 a share to $1.01, fast forward and analysts have "LOW BALLED" earnings estimates once again only predicting EPS of $0.99 a share. How can jpm not make tomorrows eps estimate of $0.99 a share when last quarter they did $1.01 a share. I wouldn't be surprised to see earnings come in around $1.15-$1.20 maybe even higher. These analysts really need to up there game and give these companies that they are low balling estimates for some kind of challenge. Where is the challenge when they know jpm earned $1.01 last quarter and are only predicting $0.99 for this quarter. Just more typical wallstreet games.