JPM and Morgan Stanley miss earnings


JP Morgan Chase

JPMorgan announced earnings per share of $2.76 on revenue of $30.72B. Analysts polled by Investing.com anticipated EPS of $2.94 on revenue of $31.82B.

The company has temporarily suspended its stock buybacks as it builds capital to meet higher requirements set as a result of its recent stress test.

https://m.investing.com/news/stock-market-news/jpmorgan-earnings-revenue-miss-in-q2-2847191

Morgan Stanley

Earnings of $1.39 per share vs $1.53 of estimate of analysts surveyed by Refinitiv

Revenue of $13.13 billion vs $13.48 billion estimate

https://www.cnbc.com/2022/07/14/morgan-stanley-ms-2q-2022-earnings-.html


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