Investing.com - JPMorgan (NYSE:JPM) reported on Friday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
JPMorgan announced earnings per share of $3.33 on revenue of $29.26B. Analysts polled by Investing.com anticipated EPS of $3 on revenue of $29.87B.
JPMorgan shares are up 6% from the beginning of the year and are trading at $168.23 , down-from-52-week-high.They are outperforming the Dow Jones which is down 0.62% from the start of the year.
JPMorgan follows other major Financial sector earnings this month
JPMorgan's report follows an earnings beat by Wells Fargo&Co on Friday, who reported EPS of $1.38 on revenue of $20.86B, compared to forecasts EPS of $1.1 on revenue of $18.65B.
BlackRock had beat expectations on Friday with fourth quarter EPS of $10.42 on revenue of $5.11B, compared to forecast for EPS of $10.06 on revenue of $5.11B.
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