logo
Share SHARE
FONT-SIZE Plus   Neg

Earnings Watch For April 13 (JPM, WFC, SJR)

Financial services giant JPMorgan Chase & Co. (JPM) is scheduled to report first-quarter results before the market opens today. The company is expected to post earnings of $1.18 per share, lower than the year-ago quarter's $1.28 per share. Also, the company is anticipated to generate revenues of $24.68 billion, a decline from $25.79 billion in the prior-year quarter. The company's shares closed Thursday's session at $44.84. (The stock surged around 39% in Q1; MA(50)- $41.49; MA(100)- $37.52; 52-wk H/L $46.49/$27.85)

Prior to opening of the market, Wells Fargo & Co. (WFC) is slated to report results for the first quarter. The financial services firm is expected to earn $0.73 per share compared to $0.67 per share last year, on revenues of $20.46 billion. The stock closed Thursday at $34.02. (The stock rose almost 24% in Q1; MA(50)- $32.11; MA(100)- $29.75; 52-wk H/L $34.59/$22.58)

Canadian media and communications company Shaw Communications, Inc. (SJR) is expected to post second-quarter results. The company is expected to report earnings of $0.37 per share, flat with last year, on revenues of $1.23 billion. The company's shares closed Thursday's regular trading at $20.89. (The stock up about 8% in Q2; MA(50)- $20.48; MA(100)- $20.14; 52-wk H/L $23.24/$18.82)

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Jeff Bezos, the CEO of Amazon, has overtaken Berkshire Hathaway's founder Warren Buffet to become the third-richest person in the world, according to the Bloomberg Billionaires Index. Bezos is now behind clothing retailer Zara's founder Amancio Ortega, who is now second, and Bill Gates, co-founder... The White House has announced new initiative to fight climate change, curb usage of fossil fuels and increase access to clean energy by pushing the use of electric vehicles. The Obama administration announced a series of actions from the Federal government, private sector, and states, as well as... Telecom giant Verizon Communications Inc. is reportedly very close to a deal to buy the core business of struggling internet company Yahoo Inc. Verizon has trumped out rival bidders and is close to acquire Yahoo's core internet business, reported Bloomberg News, citing people familiar with the matter. Verizon...
comments powered by Disqus
Follow RTT