Company news: JPMorgan Chase (JPM) quarterly results strongly beat analysts’ forecasts

JPMorgan Chase (JPM) reported Q2 FY2024 GAAP earnings of $6.12 per share (versus $4.37 per share in Q2 FY2023), strongly beating analysts’ consensus estimate of $5.88 per share.

The company’s quarterly revenues amounted to $50.200 bln (+22% y/y), strongly beating analysts’ consensus estimate of $42.226 bln.

JPM fell to $205.89 (-0.75%) in pre-market trading.