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JPMorgan Chase (JPM) earnings Q3 2020 beats estimates

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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…



Source cnbc.com

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