13.01.2023 13:01:25

JPMorgan Chase & Co. Q4 Income Advances, Beats estimates

(RTTNews) - JPMorgan Chase & Co. (JPM) revealed earnings for its fourth quarter that increased from last year and beat the Street estimates.

The company's bottom line came in at $11.01 billion, or $3.57 per share. This compares with $10.40 billion, or $3.33 per share, in last year's fourth quarter.

Analysts on average had expected the company to earn $3.07 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 17.2% to $35.57 billion from $30.35 billion last year.

JPMorgan Chase & Co. earnings at a glance (GAAP) :

-Earnings (Q4): $11.01 Bln. vs. $10.40 Bln. last year. -EPS (Q4): $3.57 vs. $3.33 last year. -Analyst Estimate: $3.07 -Revenue (Q4): $35.57 Bln vs. $30.35 Bln last year.

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