JPMorgan Chase & Co. Reveals 22% Advance In Q3 Profit

(RTTNews) - JPMorgan Chase & Co. (JPM) reported earnings for its third quarter that gained ground compared to the same period last year.

The company said its bottom line climbed to $6.80 billion, or $1.68 per share. This was up from $5.57 billion, or $1.35 per share, in last year's third quarter.

Analysts had expected the company to earn $1.37 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 6.4% to $23.54 billion. This was down from $25.15 billion last year.

JPMorgan Chase & Co. earnings at a glance:

-Earnings (Q3): $6.80 Bln. vs. $5.57 Bln. last year.
-Earnings Growth (Y-o-Y): 22.1%
-EPS (Q3): $1.68 vs. $1.35 last year.
-EPS Growth (Y-o-Y): 24.4%
-Analysts Estimate: $1.37
-Revenue (Q3): $23.54 Bln vs. $25.15 Bln last year.
-Revenue Change (Y-o-Y): -6.4%