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JPMorgan's shares dropped significantly after the firm reported lower-than-expected net interest income for 2024, missing analyst estimates. The company also raised its expense guidance, leading to a 4.2% decline in its stock price. JP Morgan's Q1 earnings metric disappointed Wall Street, causing the shares to tumble further.
JPMorgan Slides After Dimon Warns On Net Interest Income, Outlook Disappoints https://t.co/AfJnhHuXPs
JPMorgan forecasts lower-than-expected net interest income in 2024 https://t.co/m29IsIoSHK
JP Morgan shares tumble as key Q1 earnings metric disappoints Wall Street https://t.co/pnK6EkNWAY




