Goldman Sachs Earnings, Revenue Beat in Q2
2022.07.18 15:22
Goldman Sachs Earnings, Revenue Beat in Q2
Investing.com – Goldman Sachs (NYSE:GS) reported on Monday second quarter earnings that beat analysts’ forecasts and revenue that topped expectations.
Goldman Sachs announced earnings per share of $7.73 on revenue of $11.86B. Analysts polled by Investing.com anticipated EPS of $6.64 on revenue of $10.85B.
Goldman Sachs shares are down 23% from the beginning of the year, still down 31.04% from its 52 week high of $426.16 set on November 2, 2021. They are under-performing the Dow Jones which is down 13.9% from the start of the year.
Goldman Sachs follows other major Financial sector earnings this month
Goldman Sachs’s report follows an earnings missed by JPMorgan on Thursday, who reported EPS of $2.76 on revenue of $30.72B, compared to forecasts EPS of $2.89 on revenue of $31.81B.
Bank of America had missed expectations on Monday with second quarter EPS of $0.73 on revenue of $22.69B, compared to forecast for EPS of $0.7485 on revenue of $22.72B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
