NewsBreak: Goldman Sachs Falls as Q3 Revenue Dips

This post was originally published on this site
© Reuters. © Reuters. – Goldman Sachs (NYSE:) fell in premarket trade on Tuesday after the financial services giant reported a sharp drop in per share earnings and a decline in revenue in the third quarter.

  • Goldman reported earnings per share of $4.79 versus $4.86 expected, according to That was down 24% on a year ago.
  • Revenue for the third quarter slipped 6% on the year to $8.32 billion.
  • Investment banking revenue tumbled 15% on the year to $1.69 billion, compared to estimates of $1.71 billion.
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.