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JPMorgan Chase & Co. Announces Rise In Q3 Bottom Line, Beats estimates

(RTTNews) – JPMorgan Chase & Co. (JPM) reported a profit for its third quarter that rose from last year.

The company’s earnings came in at $11.69 billion, or $3.74 per share. This compares with $9.44 billion, or $2.92 per share, in last year’s third quarter.

Analysts had expected the company to earn $3.00 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter rose 1.3% to $29.65 billion from $29.26 billion last year.

JPMorgan Chase & Co. earnings at a glance:

-Earnings (Q3): $11.69 Bln. vs. $9.44 Bln. last year.
-EPS (Q3): $3.74 vs. $2.92 last year.
-Analysts Estimate: $3.00
-Revenue (Q3): $29.65 Bln vs. $29.26 Bln last year.

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