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Bank earnings to outline optimism for economic recovery in 2021 – Yahoo Finance
The first earnings season of 2021 will kick off with big banks reporting on Friday, as JPMorgan Chase, Citigroup, and Wells Fargo report earnings for the…
The first earnings season of 2021 will kick off with big banks reporting on Friday, as JPMorgan Chase (JPM), Citigroup (C), and Wells Fargo (WFC) report earnings for the fourth quarter of 2020.
Analysts will be focused on guidance from the big banks, which will reveal the degree of optimism on Wall Street for the pace of recovery.
Surging virus cases and new shutdowns at the end of last year are likely to have weighed down on bank earnings in the fourth quarter, with KBW expecting an 8% year-over-year…
