J.P. Morgan Reports $3.3 Billion Profit

By ITMS News on April 14th, 2010 7:17am Eastern Time J.P. Morgan Chase & Co (JPM) said its first-quarter net income was $3.3 billion, or 74 cents a share, compared to net income of $2.1 billion, or 40 cents a share, a year ago. Total net revenue was $27.7 billion. Analysts were expecting a profit of 65 cents a share and revenue of $25.9 billion.
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