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Goldman Sachs Earnings Miss, Revenue Beats In Q4 -Breaking

by Mike Robinson

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© Reuters. Goldman Sachs Revenue Beats in Q4

Goldman Sachs (NYSE 🙂 announced Tuesday that the fourth quarter was disappointingly short of analysts’ expectations and that revenue exceeded all expectations.

Goldman Sachs reported earnings per share at $10.81 for revenue of $12.64 billion. Investing.com polled analyst to predict EPS of $11.73 based on $12B revenue.

Goldman Sachs shares have fallen 0% since the start of the year. However, they are still 10.61% below their 52-week high of $426.16 on November 2, 2021. They are outperforming the S&P 500 which is down 2.17% from the start of the year.

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

Goldman Sachs reported Friday’s earnings beat by JPMorgan, reporting EPS $3.33 for revenue of $29.26B. This compares to JPMorgan forecasts of EPS $3.01 on revenue at $29.78B.

Wells Fargo&Co had beat expectations on Friday with fourth quarter EPS of $1.38 on revenue of $20.86B, compared to forecast for EPS of $1.11 on revenue of $18.84B.

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

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