Goldman Sachs: down in Q2, yet above expectations
(CercleFinance.com) - Goldman Sachs reported a fall in net profits earned in the second quarter, from 2.
565 billion dollars in Q2 2018 to 2.421 billion for the same period in the year under review, pushing earnings per share down to 5.81 dollars.
The quarterly EPS did however beat consensus, with economists forecasting 4.95 dollars.
The US bank posted net revenues of 9.461 billion dollars, compared to 9.636 billion last year.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
565 billion dollars in Q2 2018 to 2.421 billion for the same period in the year under review, pushing earnings per share down to 5.81 dollars.
The quarterly EPS did however beat consensus, with economists forecasting 4.95 dollars.
The US bank posted net revenues of 9.461 billion dollars, compared to 9.636 billion last year.
Copyright (c) 2019 CercleFinance.com. All rights reserved.