JPMorgan topped estimates by 55 cents last quarter. Will it report more than $5.88 a share on Oct 13?
90% of users predicted YES โ the community missed this one. 10 predictions cast.
JPMorgan Chase did not clear $5.88 per share in its third-quarter 2026 results, reported October 13, 2026. The bank posted diluted earnings per share of $5.57 on net income of about $15.3 billion, up 10% from a year earlier but below Wall Street's consensus estimate of roughly $5.93 to $5.94 per share. Excluding a $658 million investment securities loss, adjusted EPS came to $5.75 -- still short of the $5.88 threshold and analyst expectations.
Managed revenue rose 8% to $50.9 billion, and return on tangible common equity was 20%, showing continued underlying strength in the bank's core businesses even as the headline profit figure fell short of forecasts. The shortfall followed a stronger second quarter, when JPMorgan's adjusted EPS of $6.14 had beaten expectations by a wide margin, making the third-quarter result a step down in year-over-year earnings momentum despite still-solid revenue growth.
Shares reportedly rose in premarket trading despite the miss, suggesting investors focused on the bank's revenue growth and balance sheet strength rather than the earnings shortfall relative to estimates.
The Predict Six community got this one badly wrong: 90% predicted JPMorgan would top $5.88 a share, but the bank came in below that bar.