• Company News: JPMorgan Chase (JPM) Q2 results beat analysts’ expectations

Market news

14 July 2017

Company News: JPMorgan Chase (JPM) Q2 results beat analysts’ expectations

JPMorgan Chase (JPM) reported Q2 FY 2017 earnings of $1.82 per share (versus $1.55 in Q2 FY 2016), beating analysts' consensus estimate of $1.59.

The company's quarterly revenues amounted to $25.500 bln (+4.6% y/y), beating analysts' consensus estimate of $24.360 bln.

The company also cut FY 2017 net interest income guidance slightly. Now it expects 2017 net interest income to be up $4 bln y/y (down from $4.5 bln).

JPM fell to $92.30 (-0.86%) in pre-market trading.

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