JPMorgan beats estimates handily

Email LinkedIn
Tools

JPMorgan Chase (NYSE: JPM) earned $1.09 a share in the second quarter, soundly beating the consensus average of of 67 cents. Net revenue, however, fell nearly 8 percent from a year ago to $25.6 billion. Other banks are on tap. The big investment banks will post reduced earnings. But given the analysts' paring, they still might beat expectations. Article