Morgan (NYSE: JPM) released its fourth quarter earnings report on Wednesday. After initially opening in the red, shares have moved higher.The financial giant beat earnings' estimates by nearly 20 percent, posting an EPS of $1.39 -- more than the $1.16 analysts were expecting. After posting a net income of $3.7 billion in the final quarter of 2011, JP Morgan boasts a $5.7 billion profit this time around. Revenue figures were right on par with analyst estimates. JP Morgan reported revenue of $24.4 billion, nearly in line with the $24.42 billion consensus estimate.Meanwhile, JP Morgan's rival Goldman Sachs
(NYSE: GS) also released its fourth quarter earnings Wednesday. Analysts had estimated the investment giant would post an EPS ...
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