JPMorgan Chase (JPM) reported Q2 FY 2020 earnings of $1.38 per share (versus $2.82 per share in Q2 FY 2019), beating analysts’ consensus estimate of $1.23 per share.
The company’s quarterly revenues amounted to $32.980 bln (+14.7% y/y), beating analysts’ consensus estimate of $30.227 bln.
The company also announced the suspension of repurchases at least through the end of Q3.
JPM rose to $99.86 (+2.26%) in pre-market trading.