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JPMorgan Q3 Revenue and Earnings Miss Estimates; Net Interest Income Guidance Raised

MarketWatch +2 ·

JPM JPMorgan Chase & Co
$334.30 +0.39%
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  1. 1JPMorgan announced that third-quarter revenue and earnings fell below expectations.
  2. 2JPMorgan's total trading revenue for the period was $10.3 billion, a 4% decrease in JPMorgan fixed income total compared to the previous year.
  3. 3JPMorgan raised its net interest income guidance for this year to approximately $106.2 billion.

So what's the key point?

JPMorgan's third-quarter revenue and earnings were lower than what experts expected. However, the company raised its net interest income outlook for this year to $106.2 billion.

Source MarketWatch +2 · View original ↗

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