jpmorgan chase big

JP Morgan Chase & Co

(JPM)

NYSE

Recommendation:

Buy

Share Price:

USD

Market Cap:

$

JP Morgan: Good Result, but Stormclouds on the Horizon

15 December 2022

JPMorgan reported earnings of $3.12 per share, beating the street’s estimates of $2.88. Revenue slightly beat estimates, coming in at $33.29B. Third quarter profit fell 17% YoY as headwinds began to materialise in the company’s business - the bank wrote off $727M in bad debts and took ~$959M in paper losses on stocks.

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Recommendation:

Buy

Share Price:

USD

Market Cap:

$

Latest Research on JPM.NYSE

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