Trending: Goldman Sachs 1Q Earnings Jump 32%
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Dow Jones
9:32 ET -- Goldman Sachs is one of the most mentioned companies in the U.S. across all news items in the past 12 hours, according to Factiva data. Goldman Sachs reported a 32% increase in earnings to $11.58 per share. Revenue rose 16.3% to $14.21 billion, primarily driven by gains in investment banking. The results marked two consecutive quarters of double-digit earnings gains, although revenue growth decelerated over the last four quarters. FactSet analysts had expected first-quarter earnings to decline 0.7% to $8.73 per share on 5.9% revenue growth to $12.94 billion. Dow Jones & Co. owns Factiva. (chris.wack@wsj.com)
(END) Dow Jones Newswires
April 15, 2024 09:47 ET (13:47 GMT)
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