JPMorgan Chase Reports Q3 Earnings: Adjusted Revenue of $50.91 Billion Misses Estimates, Pre-Market Down Nearly 3%

JP Morgan Chase released its third-quarter financial results, reporting adjusted revenue of $50.91 billion, below the market consensus estimate of $51.37 billion. The bank’s third-quarter earnings per share (EPS) came in at $5.57, while sales and trading revenue from its FICC (fixed income, currencies, commodities) division reached $5.37 billion, missing the projected $6 billion. Per market data from BIT (bit.com), JP Morgan’s U.S.-listed stock fell nearly 3% in pre-market trading.

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