JMP Group Reports Second Quarter 2019 Financial Results

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Go back to JMP Group Reports Second Quarter 2019 Financial Results

JMP Group (JMP) Misses Q2 EPS by 16c, Revenues Miss

July 24, 2019 4:44 PM EDT

JMP Group (NYSE: JMP) reported Q2 EPS of ($0.03), $0.16 worse than the analyst estimate of $0.13. Revenue for the quarter came in at $28.07 million versus the consensus estimate of $40.76 million.

We had a disappointing second quarter due to lower-than-expected investment banking revenues, said Chairman and Chief... More