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JPMorgan Earnings Beat, Revenue Misses In Q3 By Investing.com

by Mike Robinson

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© Reuters. JPMorgan Earnings Beat, Revenue Misses In Q3

JPMorgan (NYSE) – Investing.com reported Wednesday the results of their third quarter. They beat analyst forecasts, and had revenue that was below expectations.

JPMorgan posted earnings per share (EPS) of $3.74 for revenue of $29.65B. Investing.com polled analysts to predict EPS of $3, based on $29.86B in revenue.

JPMorgan shares rose 30% over the first of the year but are down 3.59% from October 7’s 52-week peak of $171.51. They are outperforming the S&P Global 100 which is up 13.65% from the start of the year.

JPMorgan reports on other important earnings in the Financial sector this month

JPMorgan’s earnings report comes after BlackRock reported an earnings beat on Wednesday. BlackRock reports EPS at $10.95 for revenue $5.05B. Forecasts are for EPS $9.6 for revenue $4.82B.

Jefferies Financial exceeded expectations by beating forecasts on September 30, with third-quarter EPS in excess of $1.5 on revenue $1.94B. This compares to the $0.9933 expected for revenue $1.74B.

You can keep up to date on the latest earnings reports at www.investors.com Investing.com’s earnings calendar

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