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JPMorgan Chase & Co. Reveals Decline In Q2 Income, misses estimates

JPMorgan Chase & Co. (JPM) revealed earnings for second quarter that decreased from the same period last year and missed the Street estimates.

The company's bottom line came in at $8.65 billion, or $2.76 per share. This compares with $11.95 billion, or $3.78 per share, in last year's second quarter.

Analysts on average had expected the company to earn $2.91 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 0.8% to $30.72 billion from $30.48 billion last year.

JPMorgan Chase & Co. earnings at a glance (GAAP) :

-Earnings (Q2): $8.65 Bln. vs. $11.95 Bln. last year.
-EPS (Q2): $2.76 vs. $3.78 last year.
-Analyst Estimates: $2.91
-Revenue (Q2): $30.72 Bln vs. $30.48 Bln last year.

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