Goldman Sachs Q2 Profit, Revenues Surge

Goldman Sachs Q2 Results Top Estimates; Boosts Dividend 9%

Goldman Sachs Group reported Monday that net profit for the second quarter nearly tripled from last year, reflecting significantly lower provisions for bad loans and revenue growth across operating segments. Both earnings per share and quarterly revenues topped analysts' expectations. The company also declared a 9 percent higher quarterly dividend.

RTTNews | vor 107 Tagen

Goldman Sachs Q1 Profit Up 27%, Results Top Estimates

Goldman Sachs Group reported Monday that profit for the first quarter grew 27 percent from last year, reflecting double-digit net revenue growth across all its operating segments. Both earnings per share and quarterly revenues topped analysts' expectations by a large margin.

RTTNews | vor 198 Tagen

Goldman Sachs Q4 Profit Surges 58%, Tops Estimates

Goldman Sachs Group Inc. reported Tuesday that profit for the fourth quarter surged 58 percent from last year, reflecting 41 percent lower provisions for bad loans and 7 percent net revenue growth. Both earnings and quarterly revenues topped analysts' expectations.

RTTNews | vor 288 Tagen

Goldman Sachs Q4 Profit Surges

Goldman Sachs Group Inc. (GS) reported Tuesday that net earnings applicable to common shareholders for the fourth quarter surged to $1.87 billion or $5.48 per share from $1.19 billion or $3.32 per share in the prior-year quarter.

RTTNews | vor 288 Tagen

Goldman Sachs Q3 Results Down, Yet Beat Market View

Banking major Goldman Sachs Group Inc. announced Tuesday weak earnings and net revenues in its third quarter, mainly reflecting higher expenses and significantly lower net revenues in Asset & Wealth Management. Earnings and topline, however, beat market estimates. David Solomon, Chairman and Chief Executive Officer, said, "We continue to make significant progress executing on our strategic..."

RTTNews | vor 379 Tagen

Goldman Sachs Plans Further Job Cuts For Underperformers: FT

Goldman Sachs is planning a new round of job cuts for underperforming employees, Financial Times reported citing people familiar with the matter. The planned cut is said to be under its annual strategic resource allocation scheme and is likely to impact 1 percent to 5 percent of the total workforce, mostly at the lower end of the range.

RTTNews | vor 418 Tagen

Goldman Sachs Q2 Profit Misses Estimates; Boosts Dividend 10%

Goldman Sachs Group, Inc. (GS) reported Wednesday that profit for the second quarter plunged 62 percent from last year, reflecting higher provisions for bad loans, 8 percent drop in net revenues and 12 percent higher operating expenses. Earnings per share missed analysts' expectations, while quarterly revenues topped it by a whisker.

RTTNews | vor 469 Tagen

Goldman Sachs Q1 Profit Down, Yet Beats; Topline Misses View

Goldman Sachs Group Inc. reported Tuesday lower profit in its first quarter as revenues were hurt mainly by weak performance in Global Banking & Markets. Earnings per share, however, beat market estimates, while topline missed view. In pre-market activity on the NYSE, the banking major's shares were losing around 3.5 percent. Citing the weak results amid the banking industry turmoil, David Solomon

RTTNews | vor 561 Tagen

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