"When You See One Cockroach, There's Probably More." Is JPMorgan Chase's Recent Hit a Warning to Other Major Banks?

Before market open this morning, JPMorgan Chase (NYSE: JPM) published results for the third quarter. Performance for the period actually came in significantly better than the market had anticipated -- with earnings per share of $5.07 on sales of $47.12 billion beating the average analyst estimate's call for per-share earnings of $4.84 on sales of $45.4 billion.On the other hand, the strong quarter also arrived with some commentary from CEO Jamie Dimon and other executives highlighting concerns for the financials sector and broader U.S. economy. Has JPMorgan just raised major warning flags that could signal powerful headwinds for other major banks?Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool