JPMorgan Earnings, Revenue Miss in Q2
2022.07.14 13:53
JPMorgan Earnings, Revenue Miss in Q2
Investing.com – JPMorgan (NYSE:JPM) reported on Thursday second quarter earnings that missed analysts’ forecasts and revenue that fell short of expectations.
JPMorgan announced earnings per share of $2.76 on revenue of $30.72B. Analysts polled by Investing.com anticipated EPS of $2.94 on revenue of $31.82B.
JPMorgan shares are down 29% from the beginning of the year, still down 35.30% from its 52 week high of $172.96 set on October 25, 2021. They are under-performing the S&P Global 100 which is down 17.76% from the start of the year.
JPMorgan follows other major Financial sector earnings this month
JPMorgan’s report follows an earnings beat by DNB Bank ASA on Tuesday, who reported EPS of $0.4773 on revenue of $1.6B, compared to forecasts EPS of $0.4412 on revenue of $1.59B.
FactSet Research had beat expectations on June 23 with third quarter EPS of $3.76 on revenue of $488.75M, compared to forecast for EPS of $3.22 on revenue of $476.98M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
