JPMorgan Chase & Co. Earnings Beats Estimates, Stock Soars

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HFA Staff
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JMorgan Chase & Co. (NYSE:JPM) released its earnings numbers for the three months through June 30 this morning before the market opened on Wall Street. The bank showed earnings of $1.46 per share for the quarter, which the company records as its second of 2014, on revenue totaling $25.3 billion. Shares were up in pre-market trading directly after the release of the figures. In the run up to the announcement, analysts following JPMorgan Chase & Co. (NYSE:JPM) were looking for earnings per share of $1.30 from the company’s second quarter. Consensus revenue estimates, garnered from a Bloomberg survey of analysts…

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