JPMorgan Chase & Co. (NYSE:JPM)’s First Quarter Earnings Exceed Expectations

April 15, 2015 2:02 PM

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JPMorgan Chase & Co. (NYSE:JPM) showed 2% gain to $63.29 on Tuesday 14th April after first quarter profit gains climbed to 12% to total at $6 billion, per share value being $1.45 per share. A 4% increase in revenue was seen to a total of $24.84 billion with earnings per share being $1.28.

Analysts at Thomas Reuters had expected earnings per share to be $1.40 per share. JPMorgan Chase & Co. (NYSE:JPM)’s gain allowed Dow Jones Industrial average to go by 11.13 points which accounts for 159% of the overall gain by Dow.

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