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UPDATE 3-Hygiene product maker Essity's Q1 profit beats expectations [Yahoo! Finance]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: Yahoo! Finance
on Thursday as the hygiene product maker continued to focus on boosting its volumes and market share. Its adjusted quarterly earnings before interest, tax and amortisation (EBITA) rose 12% from a year earlier to 4.9 billion Swedish crowns ($450.86 million), surpassing the 4.45 billion crowns expected by analysts polled by LSEG. "Our focus as we move forward remains on growing volume and gaining market share with good profitability," Chief Executive Magnus Groth said in a statement. Shares in the company rose 3.4% at market open, paring some gains to trade 1.25% higher at 0721 GMT in a largely unchanged market. JP Morgan said the higher than expected EBITA was positive, but said pricing woes affecting consumer goods makers, amid rising costs and weaker consumer spending, could weigh on the company's outlook. "Pricing in consumer goods should be a worry at a time of potential rebound in costs," the broker said. Adjusted EBITA margin rose to 14.0%, marking its sixth consecuti Show less Read more
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