The company says adjusted net earnings came in at $ 253 million, or 22 cents per share, higher than
average analyst expectations of $ 221.8 million or 21 cents per share.
Not exact matches
Shares had run up 3 percent in regular trading on Wednesday, and
analysts said investor
expectations may have been overblown and voiced concerns that discounts were eating into the company's
average revenue per user.
While pre-tax profits surpassed the 2016 figure of # 3.2 billion, they fell short of
analysts»
averaged expectations of # 4.7 billion.
The Canadian dollar
averaged 78.57 cents US, down 0.59 of a US cent as inflation numbers came in below
analyst expectations.
«We believe if JPM can successfully resolve its regulatory and legal headline risk in a timely manner, the stock could reverse its recent underperformance that has resulted in trading at a below - peer forward (price to earnings ratio) of 8.8 times despite our
expectations of above -
average profitability in 2014,» Matthew Burnell, an
analyst at Wells Fargo Securities, wrote in a research note Thursday following the fine.
Refinance leads are down an
average of 4.8 % over the past four weeks, despite
expectations by many
analysts that the recent rise in home loan rates would motivate fence - sitting homeowners to act before rates go any higher.