JPMorgan announced earnings per share of $3.33 on revenue of $29.26B. Analysts polled by Investing.com anticipated EPS of $3 on revenue of $29.87B.
JPMorgan shares are up 6% from the beginning of the year, still down 2.73% from its 52 week high of $172.96 set on October 25, 2021. They are outperforming the Dow Jones which is down 0.62% from the start of the year.
JPMorgan’s report follows an earnings beat by BlackRock on Friday, who reported EPS of $10.42 on revenue of $5.11B, compared to forecasts EPS of $10.06 on revenue of $5.11B.
FactSet Research had beat expectations on December 21, 2021 with first quarter EPS of $3.25 on revenue of $424.81M, compared to forecast for EPS of $2.99 on revenue of $419.37M.
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