RCA

JPMorgan Beats: For Banks, This Is as Good as It Gets

My sentiments exactly! My first thought when I read the title of this post was, "What?!"

It is disingenuous and misleading to declare, "JPM Beats..." without some context. They certainly didn't beat expectations of a few weeks ago, and they certainly didn't beat prior year or prior quarter. In fact, in every meaningful way, they did NOT beat anything!

On Jan 15 08:47 AM Jarret wrote:

> It is a bit crazy to say they BEAT estimates when in fact 2 weeks
> ago consensus estimates were .31 cents a share. They beat the "new
> lowered" estimates that Wall Street scambled to provide prior to
> today.