Investing.com - JPMorgan (NYSE:JPM) reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
JPMorgan announced earnings per share of $1.38 on revenue of $33.82B. Analysts polled by Investing.com anticipated EPS of $1.19 on revenue of $30.41B.
JPMorgan shares are down 29% from the beginning of the year and are trading at $97.65 , down-from-52-week-high.They are under-performing the Dow Jones which is down 8.59% from the start of the year.
JPMorgan follows other major Financial sector earnings this month
JPMorgan's report follows an earnings missed by Commerce Bancshares on Tuesday, who reported EPS of $0.51 on revenue of $327.3M (NYSE:MMM), compared to forecasts EPS of $0.55 on revenue of $326.62M.
Jefferies Financial had beat expectations on Monday, June 29, 2020 with second quarter EPS of $0.16 on revenue of $1.15B, compared to forecast for EPS of $-0.03 on revenue of $844.3M.
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