North America Equity Research (1-212) 270-6000 J.P. Morgan Securities LLC morganwise@jpmorgan.com UPCOMING U.S. EARNINGS CALENDAR for Week of August 24, 2026 | Bloomberg Consensus | JPM % | JPM | 8/18/2026 | Stock Performance | Estimates | JPM Estimates | Difference from Consensus | Mkt Cap | | | | | | | | | | | | | | | | | | | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | ...

North America Equity Research U.S. First to Market 18 August 2026 Top Stories US Tactical Derivatives Strategy (Bram Kaplan, CFA/Arda Sebuktekin) PayPal: Deal or No Deal? Strategy: We recommend buying January put options on PayPal (PYPL) as current risk/reward remains compelling to position for potential downside if the reported buyout offer does not occur. With new CEO Enrique Lores still early in executing a turnaround and fundamentals remaining challenged, the company could ultimately choose to prioritiz ...