Goldman Sachs Beats Estimates

Credit: Wochit Business
Published on April 15, 2019 - Duration: 00:43s

Goldman Sachs Beats Estimates

REUTERS/Brendan McDermid The bank’s total revenue, however, fell 13 percent in the first quarter and missed analysts’ estimates, with three of its four main businesses recording a drop in revenue.

Total institutional client services, the unit that houses the bank’s trading business, recorded the biggest drop as lower market volatility coupled with the longest U.S. government shutdown hurt equity and bond trading revenue.


Goldman Sachs Beats Estimates


15, 2015, PHOTO OCT.

16, 2014, FILE PHOTO DEC.

13, 2016, FILE PHOTO

You are here

Recent related news from verified sources

NEW YORK (AP) — Goldman Sachs Group Inc. says second quarter profit fell to $2.42 billion from $2.57 billion a year ago. The company, based in New York,...
15 hours ago •

· Goldman Sachs has a new CEO and the storied investment bank is in the midst of a transformation. · The Wall Street bank is moving away from high risk...
1 day ago • Business Insider

** · *Goldman Sachs reported second-quarter earnings before the opening bell on Tuesday. * · *Both revenue and earnings per share beat Wall Street...
15 hours ago • Business Insider

· *Goldman Sachs says we may be measuring the economy all wrong, and that up to $233 billion has gone "missing." * · *"The most likely explanation is...
15 hours ago • Business Insider

Recent related videos from verified sources

Fiat Chrysler Slumps After Goldman Sachs Advises To Sell Stock 00:42
Credit: Wochit - Published 9 hours ago 

Big banks beat estimates 01:11
Credit: Reuters Studio - Published 11 hours ago 

Dow Movers: INTC, GS 01:03
Credit: Market News Video - Published 13 hours ago 

JPM, WFC, GS Earnings: The Economy Is Strong, But There's a Caveat 00:54
Credit: The Street - Published 14 hours ago 

You might like