07:03 AM EDT, 04/11/2024 (MT Newswires) -- JPMorgan ( JPM ) is due with its Q1 report in the pre-market on Friday, April 12, and analysts polled by Capital IQ expect the firm to report a profit of $4.13 per share on revenue of $41.7 billion.

JPM consistently reacts to the upside in extended-hours trade when the company reports its quarterly results, gaining ground ahead of the bell in 44 of the last 69 quarters we've tracked over the last 18 years. However, longs should be wary of expecting those early gains to extend throughout the day. In 27 of those 44 quarters or 61% of the time, JPM has seen its earnings-driven pre-market gains narrow or reverse in the following regular session.

JPM has seen less downside reaction to its quarterly reports in the extended hours, declining in 25 of the 69 quarters tracked and posting follow-on regular session results about evenly mixed: adding to its declines 12 times and narrowing or reversing its negative trade 13 times in the regular session.

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