To the extent that I care (and I don't care much), earnings are tracked at the sidebar at the right.
JP Morgan, link here.
"Delivered results that blew away analysts' expectations even as the Covid-19 pandemic continued to exert significant headwinds on the global economy. Look at these numbers:
- EPS: $3.79 vs $2.62 -- amazing -- are you kidding me!
- revenue: $29.2 billion vs $28.65 billion expected
- net income: $12.1 billion or $3.79 per share
- up 42% from a year ago
- this included a $2.9 credit reserve releases: resulted in a 72-cent increase in earnings per share; a net benefit of $1.89 billion in credit reserves
- the bank maintains a reserve topping $30 billion
Note: I understand maybe three of the six bullets above (LOL);
Disclaimer: this is not an investment site. Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here.
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