News
JPMorgan Misses Earnings Estimates
JPMorgan Chase reported an adjusted EPS of $5.75, below the estimated $5.90, and a reported EPS of $5.57. The adjusted revenue of $50.91 billion also fell short of the estimated $51.22 billion. The net income was $15.31 billion. This marks a rare earnings miss for JPMorgan, which had beaten EPS estimates in 16 of the last 20 quarters.