Skip to content Skip to sidebar Skip to footer
Home / Business

Goldman Sachs profit falls 11 percent but beats estimates

Diposkan oleh silent aja Post a Comment

Credit: Reuters/Brendan McDermid


A trader works at the Goldman Sachs stall on the floor of the New York Stock Exchange, April 16, 2012.


The Wall Street bank said on Thursday its net income fell to $1.95 billion, or $4.02 per share, in the first three months of the year from $2.19 billion, or $4.29 per share, in the same period of 2013.


Analysts on average had expected earnings of $3.45 per share, according to Thomson Reuters I/B/E/S. It was not immediately clear if the reported earnings were comparable.


Goldman's rivals also reported a drop in revenue from fixed-income trading in the quarter, but Goldman has more at stake than others because it has a less diverse business mix.


(Reporting by Lauren Tara LaCapra in New York and Tanya Agrawal in Bangalore; Editing by Ted Kerr)


Lokasi:

Post a Comment for "Goldman Sachs profit falls 11 percent but beats estimates"