Goldman Sachs Earnings, Revenue Beat in Q2

This post was originally published on this site

https://i-invdn-com.investing.com/news/LYNXMPED3H1E9_M.jpg

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’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