JPMorgan (JPM) 1Q Disappointing; EPS Downgrades Ahead - Nomura

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JPMorgan (JPM) Posts Q1 EPS of $1.28; Affirms Plans for Increased Dividend

April 11, 2014 6:59 AM EDT

(Updated - April 11, 2014 7:03 AM EDT)

JPMorgan Chase & Co. (NYSE: JPM) reported Q1 EPS of $1.28, which may not compare with the analyst estimate of $1.41. Revenue for the quarter came in at $23.9 billion versus the consensus estimate of $24.55 billion.

EPS in Q113 was $1.59 while revenue was $24.1 billion in the same period last year.

amie Dimon, Chairman and Chief Executive Officer, commented on the financial results: JPMorgan Chase had a good start to the year, given there were industry-wide headwinds in Markets... More