Investing.com — JPMorgan Chase (NYSE:JPM) reported a remarkable Q4 earnings performance today, surpassing Wall Street expectations. The company's stock price saw a gain of more than 2% in pre-market trading following the announcement.
Q4 EPS came in at $3.97, ex-items, better than the consensus estimate of $3.49. Revenue was $39.9 billion, above the consensus estimate of $39.71B.
Furthermore, the bank provided its fiscal 2024 outlook, expecting net interest income of about $90B, compared to the consensus estimate of $86.08B.
JPMorgan's extraordinary performance was seen in advance by our flagship AI-powered stock-picking toll: ProPicks. The company has been an integral part of our Dominate the Dow strategy since November.
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