This could be a good example of increased volatility near earning calls! JPM: performed 45% better than the estimate, its price dropped 4.8% (P/E11.7, DIV YIELD 2.4%) BAC: performed 30% better than the estimate, its price dropped 6.2% (P/E16.44, DIV YIELD 1.84%) C: performed 39% better than the estimate, its price dropped 6.2% (P/E9.19, DIV YIELD 2.86%) WFC: performed 49% better than the estimate, its price went up 11.6% (P/E 29.52, DIV YIELD 0.91%) honestly, I did not find any relationship between earnings and price movement in the financial sector!
Recommendation: We are walking to the unknown, real one!