JPMorgan Chase Reports Strong Q2 Earnings but Shares Drop Amid Higher Expense Outlook
JPMorgan Chase & Co. (JPM) reported better-than-expected second-quarter earnings, with GAAP EPS of $7.70 compared to estimates of $5.86 and a year-ago result of $5.24. However, the stock fell in pre-market trading after the company raised its 2026 expense outlook to $107.5 billion from $105 billion.
Topics: dividend security jpmorgan chase q2 earnings report stock price reaction