PREVIEW: JPMorgan seen reporting Q2 EPS, rev increase y/y

JPMorgan Chase JPM.N shares up ~0.5% in final trading session ahead of quarterly report early on Tues, kicking off Q2 earnings season

Analysts see the biggest U.S. bank reporting adj EPS of $4.48 for Q1 vs $4.44 in Q1 2024 on rev of $44.16 bln vs $42.55 bln year-ago, per LSEG

In last 8 quarters, JPM EPS beat expectations seven times while its rev met or beat the Street every time

U.S. banks are expected to report stronger profits driven by trading and a modest investment banking rebound and investors will likely focus on forward looking comments from executives due to uncertainty stemming from U.S. trade policies

Analysts on average see JPM's Q2 net interest margin of 2.57% vs 2.58% in Q1

JPM last traded at $288.17 vs median PT of $300, which is up from $277 month ago, according to LSEG. which shows 26 analyst ratings: 3 'strong buy,' 12 'buy,' 9 'hold,' 1 'sell' and 1 'strong sell' rating

Shares up ~20% YTD vs ~9% gain for S&P 500 financial services index .SPSY

JPM options imply a 3.5% swing for the shares, in either direction by Friday, per Trade Alert data; that's higher than the stock's avg move of 2.6% on the day of results over the last eight qtrs