Dimon Warns Of "Severe Recession" As JPM Profit Plunge To 7 Year Low On Billions In Covid-Linked Credit Losses
April 14, 2020 at 09:04 AM EDT
JPMorgan reported that it missed expectations, with earnings plunging from a year ago, reporting Q1 adjusted revenue of $29.07 billion, which was -2.6% y/y, and missed the estimate of $29.52 billion, while Q1 EPS was 78c.
