Goldman Sachs Earnings, Revenue Beat in Q1
2022.04.14 15:11
Goldman Sachs Earnings, Revenue Beat in Q1
Investing.com – Goldman Sachs (NYSE:GS) reported on Thursday first quarter earnings that beat analysts’ forecasts and revenue that topped expectations.
Goldman Sachs announced earnings per share of $10.76 on revenue of $12.93B. Analysts polled by Investing.com anticipated EPS of $8.97 on revenue of $11.98B.
Goldman Sachs shares are down 15% from the beginning of the year, still down 24.45% from its 52 week high of $426.16 set on 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 gained 1.72% in pre-market trade following the report.
Goldman Sachs follows other major Financial sector earnings this month
Goldman Sachs’s report follows an earnings missed by JPMorgan on Wednesday, who reported EPS of $2.63 on revenue of $30.72B, compared to forecasts EPS of $2.7 on revenue of $30.63B.
Industrial Commercial Bank of China had beat expectations on March 30 with first quarter EPS of $0.7567 on revenue of $34.21B, compared to forecast for EPS of $0.5946 on revenue of $32.96B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
