Will These 2 Banks Beat Earnings Estimates?
Wells Fargo and JPMorgan Chase are set to release earnings on Friday morning. Because of slowing mortgage refinancing activity, analysts expect these banks to report lower revenues in some segments.
In this video, Motley Fool banking analysts Matt Koppenheffer and David Hanson place their bets on what investors are more likely to see tomorrow: both banks crushing expectations, or both failing to meet analysts' estimates.
With big finance firms still trading at deep discounts to their historic norms, investors everywhere are wondering if this is the new normal, or if finance stocks are a screaming buy today. The answer depends on the company, so to help figure out whether JPMorgan is a buy today, I invite you to read our premium research report on the company. Click here now for instant access!
The article Will These 2 Banks Beat Earnings Estimates? originally appeared on Fool.com.David Hanson has no position in any stocks mentioned. Matt Koppenheffer has no position in any stocks mentioned. The Motley Fool recommends Wells Fargo. The Motley Fool owns shares of JPMorgan Chase. and Wells Fargo. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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