JPMorgan Chase Q2 EPS Excluding Significant Items $4.37 Beats $3.99 Estimate, Sales $41.30B, Managed Revenue $42.4B Beat $38.96B Estimate
Portfolio Pulse from Benzinga Newsdesk
JPMorgan Chase reported Q2 earnings of $4.37 per share, beating the analyst consensus estimate of $3.99 by 9.52%. This is a 58.33% increase over earnings of $2.76 per share from the same period last year. The company also reported quarterly sales of $41.30 billion, beating the analyst consensus estimate of $38.96 billion by 6.01%. This is a 30.57% increase over sales of $31.63 billion the same period last year.
July 14, 2023 | 10:49 am
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JPMorgan Chase's Q2 earnings and sales beat estimates, with significant YoY increases. This could positively impact the company's stock.
JPMorgan Chase's Q2 earnings and sales exceeded analyst estimates, which is typically a positive signal for the company's stock. The significant YoY increases in earnings and sales also indicate strong financial performance, which could further boost investor confidence and drive the stock price up.
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