Major banks and companies expected to report varied earnings for quarter, some exceeding expectations.

From Nasdaq: 2024-10-10 16:00:01

On 10/11/2024, J P Morgan Chase & Co (JPM) is expected to report earnings for the quarter ending September 30, 2024. Analysts forecast earnings per share at $4.02, a 7.16% decrease from last year. JPM has consistently beaten expectations, with a 2024 P/E ratio of 12.74, higher than the industry average.

Wells Fargo & Company (WFC) will also report earnings for the same quarter, with a forecasted EPS of $1.27, reflecting an 8.63% decrease from last year. WFC has outperformed predictions, boasting a 2024 P/E ratio of 11.24, below the industry average of 12.50.

BlackRock, Inc. (BLK) is set to report an EPS of $10.34 for the quarter ending September 30, 2024, down 5.22% from the same period last year. With a consistent track record of surpassing expectations, BLK’s P/E ratio of 22.91 suggests a higher earnings growth compared to industry rivals.

The Bank Of New York Mellon Corporation (BK) anticipates a $1.40 EPS for the quarter ending September 30, 2024, marking a 10.24% increase from last year. BK has consistently exceeded expectations, with a 2024 P/E ratio of 13.08, signaling potential earnings growth above industry peers.

Fastenal Company expects an EPS of $0.52 for the quarter ending September 30, 2024, unchanged from the same period last year. While Fastenal missed EPS consensus in the 1st quarter of 2024, its 2024 P/E ratio of 34.61 indicates potential growth above industry standards.

Bank7 Corp. is projected to report an EPS of $1.07 for the quarter ending September 30, 2024, displaying a 25.88% increase from the prior year. Despite missing consensus in Q3 of 2023, Bank7 has a 2024 P/E ratio of 8.51, lower than the industry average, suggesting potential growth.



Read more at Nasdaq:: Pre-Market Earnings Report for October 11, 2024 : JPM, WFC, BLK, BK, FAST, BSVN