JPMorgan Chase (JPM) earnings Q3 2020 beats estimates


Jamie Dimon, CEO of JP Morgan Chase, speaking at the Business Roundtable CEO Innovation Summit in Washington, D.C. on Dec. 6th, 2018.

Janvhi Bhojwani | CNBC

JPMorgan Chase on Tuesday posted earnings that beat analysts’ estimates for the top and bottom lines.

The stock rose 1.5% in premarket trading.

The bank posted third-quarter profit of $9.44 billion, or $2.92 per share, exceeding the $2.23 per share consensus estimate of analysts surveyed by Refinitiv. The firm generated revenue of $29.94 billion, about $1.5 billion more than what analysts had expected, fueled in part by better-than-projected trading results.

The key question for the quarter: Whether American banks would show that they’re…


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