Goldman Sachs beats expectations while JPMorgan and Bank of America miss
BAC Bank Of America Corp
$51.39 -4.76%
View chart & analysis → - 1Goldman Sachs reported third-quarter net revenue of $18.68 billion, its second-highest quarterly net revenue ever.
- 2JPMorgan Chase recorded net revenue of $50.17 billion, falling short of the $51.22 billion analyst estimate.
- 3Bank of America missed profit expectations as third-quarter earnings fell 17% to $6.93 billion.
So what's the key point?
Goldman Sachs saw its second-highest revenue ever, but JPMorgan Chase and Bank of America performed lower than experts expected. Financial results varied by company.
Source Fortune · View original ↗
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