JPMORGAN ($JPM ) MISSES Q3 EPS & REVENUE ESTIMATES — SHARES -2.8% PREMARKET
Q3 RESULTS
* ADJ. EPS: $5.75 VS. $5.94 EST. (3.2% MISS)
* MANAGED REVENUE: $50.9B VS. $51.22B EST. (0.6% MISS)
* REPORTED REVENUE: $50.2B, +8% YOY
* NET INCOME: $15.31B, +6% YOY
* CREDIT LOSS PROVISIONS: $2.74B, -19% YOY
SEGMENT PERFORMANCE
* FICC TRADING REVENUE: $5.37B VS. $6.0B EST. (10.5% MISS)
* INVESTMENT BANKING REVENUE: $3.1B
* CIB NET INCOME: $8.25B, +20% YOY
* CONSUMER BANKING NET INCOME: $5.67B, +13% YOY
* ASSET & WEALTH MANAGEMENT NET INCOME: $1.84B, +11% YOY
MARKET REACTION
* JPM SHARES: -2.8% PREMARKET FOLLOWING EPS, REVENUE AND FICC MISSES. ...
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