JPMorgan Chase & Co. (JPM) revealed earnings for its fourth quarter that increased from last year and beat the Street estimates.
The company's bottom line came in at $11.01 billion, or $3.57 per share. This compares with $10.40 billion, or $3.33 per share, in last year's fourth quarter.
Analysts on average had expected the company to earn $3.07 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 17.2% to $35.57 billion from $30.35 billion last year.
JPMorgan Chase & Co. earnings at a glance (GAAP) :
-Earnings (Q4): $11.01 Bln. vs. $10.40 Bln. last year.
-EPS (Q4): $3.57 vs. $3.33 last year.
-Analyst Estimate: $3.07
-Revenue (Q4): $35.57 Bln vs. $30.35 Bln last year.
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