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JPMorgan Earnings Easily Beat Street

Stock quotes in this article: JPM , GS  

(Updated share prices throughout.)

JPMorgan Chase's (JPM Quote) shares were falling early Thursday, despite easily beating top- and bottom-line estimates that were tempered by the company's repayment of federal bailout funds and a special assessment to its regulator.

JPMorgan posted a profit of 28 cents a share in the second quarter, down from 53 cents a year earlier, but far better than the 4 cents a share predicted by analysts.

Shares of the bank were down 2% to $35.52 in recent trading. The stock closed Wednesday at $36.26. ...

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