JPMorgan (JPM): Q4 EPS of $0.90 in-line. Revenue of $22.2B misses by $850M.JPMorgan Chase reported a fourth quarter profit of $3.7 billion of $90 cents per share.
Revenue was flat at $22.3 billion.Analysts expected earnings per share of 91 cents on revenues of $22.99 billion, according to consensus estimates from Thomson Reuters.
Fixed income revenue was $2.5B, off 13% from last quarter. Investment banking fees were $1.1B, off 39%. Mortgage loan originations were $38.6B, off 24% Y/Y and 5% Q/Q. Shares -2.3% premarket
JPMorgan (JPM)'s resistance level is $38.62 and support level is $35.25.
Revenue was flat at $22.3 billion.Analysts expected earnings per share of 91 cents on revenues of $22.99 billion, according to consensus estimates from Thomson Reuters.
Fixed income revenue was $2.5B, off 13% from last quarter. Investment banking fees were $1.1B, off 39%. Mortgage loan originations were $38.6B, off 24% Y/Y and 5% Q/Q. Shares -2.3% premarket
JPMorgan (JPM)'s resistance level is $38.62 and support level is $35.25.
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