Here comes JPMorgan...
JPMorgan is expected to report third-quarter earnings at 6:45 a.m. on Friday.
Analysts are expecting adjusted earnings per share of $1.39 on revenue of $24.25 billion, according to Bloomberg.
Total trading revenue is expected to come in at $4.52 billion, while analysts expect investment banking revenues of $1.54 billion.
In the same quarter last year, JPMorgan missed expectations, reporting earnings per share of $1.32 (excluding tax benefits and other items) on revenue of $23.5 billion. Analysts were expecting earnings of $1.38 per share on revenue of $24.04 billion.
In the second quarter, JPMorgan reported adjusted earnings per share of $1.46 ($1.43 expected) on revenue of $25.20 billion ($24.50 billion expected).
"Throughout the recent uncertainty and turbulence in the markets, we continued to be there for our clients - solid and steadfast to meet their needs, execute their transactions and provide liquidity," CEO Jamie Dimon said in a statement at the time.
JPMorgan is the first of the major bulge-bracket banks to report third-quarter earnings. Wells Fargo and Citigroup are expected to report at 8 a.m. Friday.
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