JPMorgan Earned $5.57 a Share, Its First Miss Since 2023. Take Out a $658 Million Securities Loss and It Still Missed.
JPMorgan Chase reported third-quarter profit of $15.3 billion, or $5.57 a share, on Tuesday 13 October, against an LSEG consensus of $5.85. Reuters said it was the bank's first profit miss since the fourth quarter of 2023. Excluding $658 million of losses on investment securities, the bank earned $5.75, still below the estimate.

