J.P. Morgan Q4 earnings 74C vs 6C

J.P. Morgan Q4 net $3.3B vs $702M

 

J.P. Morgan credit reserves up to nearly $33B

 

That's a helluva beat. So much for all the talk of a dour release, eh?

Also, I think your headline 6C should be 64C, or something. Right?

 

Bottom line beat - top line missed by a couple billion

And the headline is correct on a year over year basis, JPM earned 6 cents in 4Q 08

 

.61 est.


.74 actual,


These banks are just rolling in green.

 

Got it. I thought he was talking about expectations.