Goldman Sachs Group Inc. stock is down 2.5% in premarket trades after its first-quarter revenue fell short of estimates, while its net income beat the Wall...
Goldman Sachs Group Inc. GS stock is down 2.5% in premarket trades after its first-quarter revenue fell short of estimates, while its net income beat the Wall Street forecast. Goldman Sachs said its first-quarter earnings fell to $3.09 billion, or $8.69 a share, from $3.83 billion, or $10.76 a share, in the year-ago quarter. First-quarter revenue dipped to $12.22 billion from $12.93 billion. Analysts expected Goldman Sachs to earn $8.14 a share on revenue of $12.
Goldman Sachs said its first-quarter earnings fell to $3.09 billion, or $8.69 a share, from $3.83 billion, or $10.76 a share, in the year-ago quarter. First-quarter revenue dipped to $12.22 billion from $12.93 billion. Analysts expected Goldman Sachs to earn $8.14 a share on revenue of $12.76 billion, according to estimates compiled by FactSet.
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