JPMorgan Global Growth & Income (LON:JGGI) Posts Quarterly Earnings Results

Key Points

• JPMorgan Global Growth & Income reported quarterly EPS of GBX 3.63, with a net margin of 61.09% and a return on equity of 1.11%.
• Shares fell about 2.3% to GBX 548 on Thursday with volume of 926,311 (below its ~2.07M average); the stock has a market cap of £3.03bn, a P/E of 82.53 and a 12‑month range of GBX 441.50–591.
• The company offers a global "best ideas" equity portfolio combined with a predictable quarterly income distribution, leveraging JPMorgan's global research team.

JPMorgan Global Growth & Income (LON:JGGI - ) announced its quarterly earnings results on Thursday. The company reported GBX 3.63 earnings per share (EPS) for the quarter, Digital Look Earnings reports. JPMorgan Global Growth & Income had a net margin of 61.09% and a return on equity of 1.11%.

JPMorgan Global Growth & Income Trading Down 2.3%

LON:JGGI traded down GBX 13 on Thursday, reaching GBX 548. The company's stock had a trading volume of 926,311 shares, compared to its average volume of 2,071,578. The firm has a market cap of £3.03 billion, a price-to-earnings ratio of 82.53 and a beta of 0.77. The company has a quick ratio of 5.88, a current ratio of 6.34 and a debt-to-equity ratio of 5.00. JPMorgan Global Growth & Income has a 12-month low of GBX 441.50 and a 12-month high of GBX 591. The stock has a 50 day moving average price of GBX 576.07 and a 200 day moving average price of GBX 572.63.

JPMorgan Global Growth & Income Company Profile

A distinctive strategy for today's markets JPMorgan Global Growth & Income plc provides the best of both worlds. The manager focuses on investing in the best ideas from across the world's stock market, whilst the Company delivers a predictable quarterly income distribution – set at the beginning of its financial year. Key points: Expertise - Tapping into the local proprietary analysis of JPMorgan's award winning and experienced global research team. Portfolio - A global best ideas – go anywhere – portfolio, with the manager focused on identifying companies that will provide the best total returns. Results - Provides the best of both worlds - predictable quarterly income and long-term growth from the best global ideas.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.