Seeking Alpha

JPMorgan (JPM): Q2 EPS of $1.21 may not be comparable to consensus of $0.75. Revenue of $22.89B...

JPMorgan (JPM): Q2 EPS of $1.21 may not be comparable to consensus of $0.75. Revenue of $22.89B (-16% Y/Y) beats by $1B. Shares +2.3% premarket. (PR)
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Comments (5)
  • bbro
    , contributor
    Comments (10758) | Send Message
    Get ready to hear from Zero Hedge and the financial media how this is
    not true....
    13 Jul 2012, 06:58 AM Reply Like
  • mickmars
    , contributor
    Comments (1322) | Send Message
    Nobody really knows what "profit" or "loss" these banks are realizing. Not me. Not you. Not Zerohedge. And likely, not the banks themselves.


    If you want to gamble for a 3% dividend yield, why not go buy some McDonald's. At least you can see them producing real hamburgers and collecting real cash from customers.
    13 Jul 2012, 11:25 AM Reply Like
  • DaLatin
    , contributor
    Comments (1522) | Send Message
    Right. Actual facts coming out and a big miss. Page 16 shows hidden that $ 11+ billion CIO money still on ... CIO office being closed,so, big profit center gone.4.4 billion lost .so.far


    67 cent true # ests in mid to high 70 cents .. Stock popped on leaked first 1/4 info up 3% ,but, now red before Zero has a chance to let the sunshine in.. You can bet Dimon used the few Jack Welch hidden nickels to boost things.. Dimon's teflon is scratched. Follow Barclays Diamond ! Surrender pay and go away ! Go start up a new firm with John Edwards ! DL
    13 Jul 2012, 07:19 AM Reply Like
  • youngman442002
    , contributor
    Comments (5129) | Send Message
    This is creative accounting at its best...
    13 Jul 2012, 07:19 AM Reply Like
  • DeepValueLover
    , contributor
    Comments (10113) | Send Message
    Who is JPM's independent auditor and are they criminally liable?
    13 Jul 2012, 08:06 AM Reply Like
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