Market Movers: JPMorgan and Wells Fargo Gain Momentum On Q2 Beat
- July 14th, 2023
- 437 views
JPMorgan Chase & Co. (NYSE: JPM), a leading global financial services firm, delivered strong financial results in the second quarter of 2023, surpassing market expectations. The company reported adjusted earnings per share (EPS) of $4.37, outperforming the consensus estimate of $3.99.
$JPM is currently trading at $152.60 in pre-market, reflecting a gain of $3.73 (2.51%).
In other news, Wells Fargo & Company (NYSE: WFC), a prominent banking and financial services company, also reported solid second-quarter 2023 earnings, exceeding market expectations. The company posted EPS of $1.25, while analysts were expecting $1.15 for the period.
In pre-market, $WFC is trading at $44.94, up $1.23 (2.81%).
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