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JPMorgan Chase Sees ‘Mild Recession’ Ahead. Earnings Still Smash Expectations.

Por: MarketWatch Business January 13, 2023

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The bank beat expectations for profit in the fourth quarter with earnings of $3.57 per share as revenue of $34.5 billion came in line with estimates. But “a mild recession” is the central case of the group’s macroeconomic outlook. This is breaking news. More to come. Below is a Barron’s preview of JPMorgan Chase’s earnings. JPMorgan Chase will be one of the first big banks to report fourth-quarter 2022 financial results on Friday, and... + full article



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