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Goldman Sachs Earnings, Revenue Beat in Q1 -Breaking

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© Reuters Goldman Sachs Earnings, Revenue Beat in Q1

Investing.com – Goldman Sachs reported Thursday the results of their first quarter. They beat analyst forecasts, and generated revenue above expectations.

Goldman Sachs reported earnings per share at $10.76 for revenue of $12.93 billion. Investing.com polled analyst to predict EPS of $8.97 based on $11.98B revenue.

Goldman Sachs shares fell 15% in the first quarter, but are up 24.45% since its 52-week peak of $426.16 (November 2, 2021). They are under-performing the S&P 500 which is down 6.71% from the start of the year.

Goldman Sachs shares increased by 1.72% after the report.

Goldman Sachs reports on other important Financial sector earnings for this month

Goldman Sachs reported Wednesday’s JPMorgan earnings, which missed the forecasts for an EPS estimate of $2.7 and revenue of $30.72B.

Industrial Commercial Bank of China beat all expectations with a first quarter earnings per share of $0.7567 on $34.21B in revenue, as compared to $0.5946 forecasted for $32.96B revenue.

Keep up to date with all the earnings reports coming soon by visiting Investing.com’s earnings calendar

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