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Goldman Sachs first quarter earnings: earnings per share far exceeded expectations net revenues less than expected

April 15, 2019 19:27
source: Eastern Fortune Network

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Summary
[News] Oriental Fortune Network on the 15th, Goldman Sachs announced the first quarter earnings report before the US stock market on Monday, the financial report shows that the company's first quarter net revenue of 8.81 billion US dollars, down 13%, down 9%, not as analysts estimate 8.97 billion US dollars. Earnings per share for the first quarter was $5.71, down 5% year-on-year and 18% quarter-on-quarter, but far exceeding expectations of $4.97. Goldman Sachs' US stocks rose from 1.73% to 0.59%.


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On the 15th, Oriental Fortune Network reported that the US stock market announced its first-quarter earnings on Monday. The financial report showed that the company's net revenue in the first quarter was 8.81 billion US dollars, down 13% year-on-year and 9% lower than the previous month.AnalystEstimated $8.97 billion. Earnings per share for the first quarter was $5.71, down 5% year-on-year and 18% quarter-on-quarter, but far exceeding expectations of $4.97. Goldman Sachs' US stocks rose from 1.73% to 0.59%.

The financial report also showed that Goldman Sachs had a transaction revenue of $3.61 billion in the first quarter and a market forecast of $3.61 billion. Sales and trading revenues for fixed income, foreign exchange and commodities businesses in the first quarter were $1.84 billion, and analysts estimated $1.78 billion. In the first quarter, transaction revenue was $3.61 billion, and analysts estimated $3.61 billion. In the first quarter, Basel III common equity capital adequacy ratio was 13.4%.

                (Editor: DF134)

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