Chase Stock Could Hit Triple Digits After Earnings



JPMorgan Chase & Co. (JPM) fires the opening shot of third quarter earnings season on Thursday morning, with the commercial banking giant expected to report earnings per share of $1.66 on revenue of $24.9 billion. CEO Jamie Dimon is likely to offer an optimistic fiscal year outlook, driven by expectations for corporate tax cuts and a December interest rate hike that would increase sector profitability.

Commercial banks are…



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