The Q4 earnings season kicked off positively with JPMorgan and Delta Air Lines reporting favorable results, though both stocks fell over 2% post-earnings due to cautious economic outlooks. JPMorgan’s Q4 sales hit $45.79 billion, with a 17% increase in market revenue. Delta’s Q4 sales rose 3% to $16 billion despite a 2% domestic revenue drop from the U.S. government shutdown.

JPMorgan CEO Jamie Dimon highlighted the U.S. economy’s resilience but warned of geopolitical threats. Delta noted a split in consumer spending, with premium travel strong but price-sensitive customers showing fatigue. JPMorgan’s net income reached $13 billion in Q4, with EPS of $5.23, while Delta reported Q4 net income of $1.22 billion and adjusted EPS of $1.55.

For the full year, JPMorgan’s sales increased 3% to $185.6 billion, with EPS up 1% to $20.02. Delta’s full-year sales hit a record $63.4 billion, with management emphasizing strong free cash flow. JPMorgan expects FY26 NII to increase to $103 billion, while Delta forecasts FY26 EPS at $6.50-$7.50. Both stocks hold a Zacks Rank #3 (Hold).

Analysts say JPMorgan and Delta stocks are attractively valued after the post-earnings selloff, with JPM trading at 15X forward earnings and DAL at 9X. Investors may consider holding existing positions or starting new ones, given the cautious economic outlook. Both companies hold potential for growth despite economic challenges.

Read more at Nasdaq: Buy the Dip in JPMorgan or Delta Air Lines Stock After Q4 Earnings?