Stock Market

JPMorgan: Earnings, earnings beat forecasts in Q3

JPMorgan released a report on Friday with third-quarter results that beat analysts. The income indicator exceeded forecasts.

The company posted earnings per share of $3.12 on earnings of $32.70. Analysts polled by had forecast earnings per share of $2.92 and total revenue of $32.11B.

This year, JPMorgan’s share price, down 30%, has performed worse than the Dow Jones average, down 17% year-to-date.

JPMorgan follows the general trend of the companies in the Finance sector this month
BlackRock on Thursday reported a third-quarter earnings of $9.55, earnings of $4.31B, compared to earnings-per-share forecasts of $7.65 on total revenue of $4.35B

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Progressive earnings disappointed analyst expectations on Thursday for the third quarter, quarterly earnings per share of $0.2 on total earnings of $13.02B analysts previously predicted earnings per share of $1.43 on total earnings of $13.32B

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