Is JPMorgan Chase a Buy After Its Latest Earnings Report?
The monster bank absolutely obliterated analyst estimates.
Overview
Investors and analysts alike expected JPMorgan Chase (NYSE: JPM) to do quite well this earnings season, but not this well. The powerful bank delivered a fine second quarter that crushed analyst estimates, thanks in no small part to a major part of its business that has produced meaty growth before.
All in all, Mr. Market was pleased with the bank's performance, rewarding it with a nearly 3% gain across Tuesday's trading session.
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Details
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.