JPMorgan’s Stock Rose on Strong Earnings—Then Fell on Its CEO’s Buzzkill Outlook — Fortune

 

JPMorgan’s third-quarter earnings report offered both a bang and a whimper. The whimper echoed louder in the ears of investors. The bang: JPMorgan’s revenue rose 5.2% to $27.8 billion, beating analyst expectations by $380 million. Earnings came in at $2.34 a share, again beating forecasts by eight cents. For a few glorious moments, investors cheered…

via JPMorgan’s Stock Rose on Strong Earnings—Then Fell on Its CEO’s Buzzkill Outlook — Fortune

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