JMP Group Reports Second Quarter 2018 Financial Results

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JMP Group (JMP) Tops Q2 EPS by 11c, Revenues Beat

July 25, 2018 4:41 PM EDT

JMP Group (NYSE: JMP) reported Q2 EPS of $0.16, $0.11 better than the analyst estimate of $0.05. Revenue for the quarter came in at $44.26 million versus the consensus estimate of $33.1 million.

We had an excellent quarter, with operating earnings of $0.16 per share, primarily driven by record investment banking revenues, increased net interest income due to the... More