JPMorgan beats on earnings, revenues in line
07/16/2019 General World News
jamie dimon

  • JPMorgan reported second-quarter earnings Tuesday that beat analysts’ profit expectations and were in line with revenue forecasts.
  • Watch JPMorgan trade live.

JPMorgan posted $2.82 in second-quarter earnings per share, outpacing the $2.50 that Wall Street analysts surveyed by Bloomberg were expecting as consumer and community banking revenues jumped 11%. Results were helped by $768 million of income tax benefits, boosting EPS by $0.23.

Here are the key numbers:

  • Adjusted net income: $9.65 billion
  • Earnings per share: $2.82 versus the $2.50 estimate
  • Revenue: $28.88 billion versus the $28.88 billion estimate
  • Expenses: $16.34 billion versus the $16.38 billion estimate

“We had a strong second quarter and first half read more >>>

Source:: BusinessInsider.Com

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