JPMorgan rises after Q1 profit beats estimates
ReutersApr 11, 2025 3:04 PM
Shares of JPMorgan Chase JPM.N rise 2.4% to $232.62 after Q1 results
Excluding one-time costs, the bank earned $4.91 per share, beating analysts' avg, estimate of $4.61 - data compiled by LSEG
JPM posts earnings of $14.6 billion, or $5.07 a share, up 9% from $13.4 billion, or $4.44 a share, a year earlier
Investment banking fees up 12% to $2.2 billion; trading revenue up 21%, higher than earlier expectations of low double-digit percentage gain
As of last close, JPM has lost ~5% YTD
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