JPMorgan Beats Profit and Revenue Forecasts in Q1
TL;DR Summary
JPMorgan Chase posted a 13% year‑over‑year rise in Q1 profit to $16.5 billion ($5.94 a share) on $49.8 billion in revenue, defeating expectations of $5.45 per share and $49.13 billion in revenue. Shares slipped about 2.6% in premarket trading, and the stock has fallen ~3.6% this year through the latest close as the big bank earnings season rolls on.
- JPMorgan’s Profit Rises 13%, Tops Wall Street Expectations Barron's
- JPMorgan tops estimates on Wall Street results, Dimon flags 'increasingly complex' economic risks CNBC
- JPMorgan profits rise 13% as Dimon warns of 'increasingly complex set of risks' Yahoo Finance
- JPMorgan Traders Blow Past Expectations With Biggest-Ever Haul Bloomberg.com
- JPMorgan Chase Q1 earnings beat, but NII outlook trimmed (JPM:NYSE) Seeking Alpha
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