JPMorgan Q3 Results Top Estimates - Update
US investment bank JPMorgan Chase & Co. (JPM) reported Friday net income for the third quarter of $14.39 billion or $5.07 per share, compared to $12.90 billion or $4.37 per share in the prior-year quarter.On average, ten analysts polled by Thomson Reuters expected the company to report earnings of $4.87 per share for the quarter. Analysts' estimates typically exclude special items.The provision for credit losses was $3.40 billion, reflecting a net reserve build of $810 million and net charge-offs of $2.6 b ...
