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0 -0.0138783269961977 -0.0161596958174905 -0.0304182509505704 -0.038403041825095 -0.0456273764258555 -0.0380228136882129 -0.0458174904942965
Stock impact report

UPDATE 1-JPMorgan beats estimates on strong trading, underwriting [Reuters (UK)]

Wells Fargo & Company (WFC) 
Last wells fargo & company earnings: 4/14 07:46 am Check Earnings Report
US:NYSE Investor Relations: wellsfargo.com/about/investor-relations
Company Research Source: Reuters
JPMorgan beats estimates on strong trading, underwriting - Reuters 2 Min Read (Reuters) - JPMorgan Chase & Co ( JPM.N ) posted a better-than-expected rise in quarterly profit on Tuesday, as strong results at its trading and underwriting businesses offset weakness in consumer banking. Net income at the United States' largest bank rose to $8.52 billion, or $2.57 per share, in the quarter ended Dec. 31, from $7.07 billion, or $1.98 per share, a year earlier. Net revenue rose 9% to $29.21 billion. ( bit.ly/36Okhjg ) Analysts on average had expected the bank to earn $2.35 per share on revenue of $27.94 billion, according to Refinitiv data. JPMorgan’s shares were up nearly 2% in pre-market trade. Strength in bond trading boosted overall trading revenue, allaying concerns about the impact of the U.S.-China trade dispute and slowing global growth. “While we face a continued high level of complex geopolitical issues, global growth stabilized, albeit at a lower level, and resolution of some t Show less Read more
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