JPMorgan beats on earnings, revenues in line

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JPMorgan announced second-quarter earnings results on Tuesday.

JPMorgan reported second-quarter earnings Tuesday that beat analysts' profit expectations and were in line with revenue forecasts. Watch JPMorgan trade live. JPMorgan posted $2.82 in second-quarter earnings per share, outpacing the $2.50 that Wall Street analysts surveyed by Bloomberg were expecting as consumer and community banking revenues jumped 11%. Results were helped by $768 million of income tax benefits, boosting EPS by $0.23. Here are the key numbers: Adjusted net income: $9.

JPMorgan reported second-quarter earnings Tuesday that beat analysts' profit expectations and were in line with revenue forecasts. Watch JPMorgan trade live. JPMorgan posted $2.82 in second-quarter earnings per share, outpacing the $2.50 that Wall Street analysts surveyed by Bloomberg were expecting as consumer and community banking revenues jumped 11%. Results were helped by $768 million of income tax benefits, boosting EPS by $0.23. Here are the key numbers: Adjusted net income: $9.

 

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The profits would have been even more attractive, had that Coke Boat not got busted in Philadelphia.

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