JPMorgan Earnings, Revenue beat in Q4 By Investing.com
JPMorgan (NYSE:JPM) reported on Friday fourth quarter earnings that beat analysts’ forecasts and revenue that topped expectations.
JPMorgan announced earnings per share of $3.79 on revenue of $29.22B. Analysts polled by Investing.com anticipated EPS of $2.56 on revenue of $28.41B.
JPMorgan shares are up 11% from the beginning of the year and are trading at $141.17 , down-from-52-week-high.They are outperforming the S&P 500 which is up 1.05% from the start of the year.
JPMorgan follows other major Financial sector earnings this month
JPMorgan’s report follows an earnings beat by BlackRock on Thursday, who reported EPS of $10.18 on revenue of $4.48B, compared to forecasts EPS of $8.66 on revenue of $4.18B.
PNC Financial had beat expectations on Friday with fourth quarter EPS of $3.26 on revenue of $4.21B, compared to forecast for EPS of $2.59 on revenue of $4.13B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar