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JPMorgan Chase & Co. (JPM) released earnings for fourth quarter that decreased from last year but beat the Street estimates.


RTTNews | Jan 14, 2022 07:15AM EST

07:15 Friday, January 14, 2022 (RTTNews.com) - JPMorgan Chase & Co. (JPM) released earnings for fourth quarter that decreased from last year but beat the Street estimates.

The company's bottom line totaled $10.40 billion, or $3.33 per share. This compares with $12.14 billion, or $3.79 per share, in last year's fourth quarter.

Analysts on average had expected the company to earn $3.01 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 0.3% to $29.26 billion from $29.34 billion last year.

JPMorgan Chase & Co. earnings at a glance:

-Earnings (Q4): $10.40 Bln. vs. $12.14 Bln. last year.-EPS (Q4): $3.33 vs. $3.79 last year.-Analyst Estimates: $3.01-Revenue (Q4): $29.26 Bln vs. $29.34 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3255109/jpmorgan-chase-co-q4-profit-falls-but-beats-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2022 RTTNews.com All Rights Reserved






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