Dollar rebounds despite Fed independence worries; euro slips
Investing.com - JPMorgan reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
JPMorgan announced earnings per share of $2.76 on revenue of $30.72B. Analysts polled by Investing.com EPS of $2.94 on revenue of $31.82B.
JPMorgan 's are down 29% and is trading at $111.91 , still down 35.30% from its 52 week high of $172.96 set on Monday, October 25, 2021.
JPMorgan follows other major Financial sector earnings this month
JPMorgan's report follows an earnings beat by DNB Bank ASA on Tuesday, who reported EPS of $0.4773 on revenue of $1.6B, EPS of $0.4412 on revenue of $1.59B.
FactSet Research had beat expectations on Thursday, June 23, 2022 with third quarter EPS of $3.76 on revenue of $488.75M, for EPS of $3.22 on revenue of $476.98M.
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