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JPMorgan’s Profit Rises 13%, Tops Wall Street Expectations - Barron's
Overview
JPMorgan reported first-quarter profit of $16.5 billion, a 13% increase from a year ago, or $5.94 per share, beating analyst expectations, with revenue of $49.8 billion. The quarter reflected strength across trading and other businesses even as management flagged macro risks. JPMorgan’s beat comes amid a stretch of upside corporate reports — including Yum Brands’ stronger restaurant sales — that together point to uneven but meaningful pockets of demand supporting earnings.
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ORGWall StreetORGBank of AmericaORGJPMorgan ChaseORGBarron'sBlackRock
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