Company News: JPMorgan Chase (JPM) quarterly results miss analysts’ expectations

Market news

15 January 2019

Company News: JPMorgan Chase (JPM) quarterly results miss analysts’ expectations

JPMorgan Chase (JPM) reported Q4 FY 2018 earnings of $1.98 per share (versus $1.76 in Q4 FY 2017), missing analysts’ consensus estimate of $2.19.

The company’s quarterly revenues amounted to $26.100 bln (+8.1% y/y), missing analysts’ consensus estimate of $26.688 bln.

JPM fell to $98.27 (-2.65%) in pre-market trading.

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