JP Morgan Chase Disappointed by Muted Numbers, Share Buyback Suspension and Bleak Guidance
Shares of JP Morgan Chase (JPM) were down 3.5% on the reporting day, July 14, after a muted quarterly report. JPM's Q2 earnings per share of $2.76 fell short of the consensus estimate of $2.91; versus $2.63 in the first quarter of 2022 and $3.78 in the last year quarter.
July 15, 2022