Monday, January 13, 2025
HomeHealthEarnings playbook: Big banks kick off the reporting season, along with a...

Earnings playbook: Big banks kick off the reporting season, along with a major health insurer

The corporate earnings season kicks off in earnest this week, led by the six major U.S. banks. Goldman Sachs, Wells Fargo, JPMorgan Chase, Citigroup, Morgan Stanley and Bank of America are all scheduled to post fourth-quarter results. UnitedHealth is also among the roughly 20 S & P 500 names on deck to report. Expectations for the reporting period are high, with analysts estimating nearly 12% year-on-year earnings growth for the fourth quarter, according to FactSet data. If that’s the case, it would be the strongest yearly profit expansion since the fourth quarter of 2021. Take a look at CNBC Pro’s breakdown of what’s expected from this week’s key reports. All times are ET. Wednesday JPMorgan Chase is set to report earnings before the market open. A conference call with analysts is slated for 8:30 a.m. Last quarter: JPM shares popped after the banking giant posted better-than-expected results . This quarter: Analysts polled by LSEG expect a 35% earnings jump from the year-earlier period. What CNBC senior banking reporter Hugh Son is watching:

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