JPMorgan Chase & Co. (NYSE:JPM) Earnings Miss: A Detailed Analysis
JPMorgan reported earnings per share (EPS) of $4.63, missing the expected $4.85, with revenue also falling short at approximately $45.8 billion.The costs associated with the Apple Card deal were a significant factor in the earnings miss, impacting the stock's performance.Despite a moderate debt-to-equity ratio of 1.38 and a high current ratio of 9.89, concerns over cash flow generation and cost management persist.JPMorgan Chase & Co. (NYSE:JPM) is a leading global financial services firm with operations in ...