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JPMorgan Chase Q3 Earnings Miss Analyst Estimates on Revenue Shortfall
The largest US bank reported a Non-GAAP EPS of $5.75, as revenue fell $320 million short of analyst expectations.
Read the full storyJPMorgan Chase reported its third-quarter financial results on October 13, missing analyst estimates for both earnings and revenue. The bank posted a Non-GAAP EPS of $5.75 and revenue of $50.9 billion, falling short of expectations by $0.19 and $320 million, respectively. Despite missing these estimates, the bank saw a rise in quarterly profit. This growth was primarily driven by strong performance within its investment banking and trading divisions.
The largest US bank reported a Non-GAAP EPS of $5.75, as revenue fell $320 million short of analyst expectations.
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