JPM Easily Beats Earnings Estimates, Stock Ticking Higher

Jamie Dimon

On first blush, a solid “beat” from JPMorgan, which earned $1.27 last quarter vs. estimates of $1.21

Revenue of $26.7 billion was ahead of estimates of $24.91 billion.

The company says it sees ongoing elevated mortgage losses, while it also says net charge-offs are improving.

The stock is ticking up a little bit.

You can see the full report here.

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