Goldman Sachs: beats consensus in Q4

(CercleFinance.com) - Goldman Sachs has reported Q4 2018 net income of 2.
54 billion dollars, or 6.04 dollars per share, versus a consensus of 4.90 dollars and a loss of 5.51 dollars per share over the same period in 2017.

The New York investment bank's net revenues remained flat at 8.08 billion dollars over this period, "despite a challenging backdrop for our market-making businesses in the second half," said Chairman and CEO David Solomon.

"For the year, we delivered double-digit revenue growth, the highest earnings per share in the firm's history and the strongest return on equity since 2009 (13.3%)," he said.



Copyright (c) 2019 CercleFinance.com. All rights reserved.