Investing.com - JPMorgan (NYSE:JPM) reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
JPMorgan announced earnings per share of $4.5 on revenue of $33.12B. Analysts polled by Investing.com anticipated EPS of $3.06 on revenue of $30.46B.
JPMorgan shares are up 21% from the beginning of the year and are trading at $154.09 , down-from-52-week-high.They are outperforming the S&P Global 100 which is up 8.82% from the start of the year.
JPMorgan follows other major Financial sector earnings this month
JPMorgan's report follows an earnings beat by Futu on Tuesday, March 16, 2021, who reported EPS of $4.03 on revenue of $1.19B, compared to forecasts EPS of $3.35 on revenue of $1.01B.
Upstart had beat expectations on Wednesday, March 17, 2021 with first quarter EPS of $0.0689 on revenue of $84.42M, compared to forecast for EPS of $0.0128 on revenue of $73.68M.
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