Company News: JPMorgan Chase (JPM) Q1 Results Beat Analysts’ Forecasts

Market news

13 April 2016

Company News: JPMorgan Chase (JPM) Q1 Results Beat Analysts’ Forecasts

JPMorgan Chase reported Q1 FY 2016 earnings of $1.35 per share (versus $1.45 in Q1 FY 2015), beating analysts' consensus of $1.26.

The company's quarterly revenues amounted to $23.200 bln (-3.7% y/y), beating consensus estimate of $22.874 bln.

JPM rose to $60.85 (+2.65%) in pre-market trading.

Foreign exchange market. European session: the euro traded lower against the U.S. dollar after the release of the weaker-than-expected industrial production data from the Eurozone

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