NEW YORK CITY (dpa-AFX) - JPMorgan Chase & Co. (JPM) released earnings for second quarter that dropped from last year.
The company's profit totaled $4.69 billion, or $1.38 per share. This compares with $9.65 billion, or $2.82 per share, in last year's second quarter.
Analysts had expected the company to earn $1.04 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 14.7% to $33.82 billion from $29.48 billion last year.
JPMorgan Chase & Co. earnings at a glance:
-Earnings (Q2): $4.69 Bln. vs. $9.65 Bln. last year. -EPS (Q2): $1.38 vs. $2.82 last year. -Analysts Estimate: $1.04 -Revenue (Q2): $33.82 Bln vs. $29.48 Bln last year.
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