🚨JUST OUT: JPMorgan misses on both Q3 earnings and revenue.
JPMorgan Chase Q3:
- Adj. EPS: $5.75 vs. $5.90 est. (MISS)
- Reported EPS: $5.57
- Adj. Revenue: $50.91B vs. $51.22B est. (MISS)
- Net income: $15.31B
This is a rare earnings miss for America’s largest bank.
Before today, JPMorgan had beaten EPS estimates in 16 of the last 20 quarters.
$JPM shares were down -3.9% premarket after the repoort, but have since moved back up.
$JPMB
$JPM
JPMorgan Chase Q3:
- Adj. EPS: $5.75 vs. $5.90 est. (MISS)
- Reported EPS: $5.57
- Adj. Revenue: $50.91B vs. $51.22B est. (MISS)
- Net income: $15.31B
This is a rare earnings miss for America’s largest bank.
Before today, JPMorgan had beaten EPS estimates in 16 of the last 20 quarters.
$JPM shares were down -3.9% premarket after the repoort, but have since moved back up.
$JPMB
$JPM