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Goldman Sachs crushes earnings and hikes dividend, but equity trading comes up short (GS)
  • Goldman Sachs beat first quarter earnings Monday, with EPS of $5.71, 15% above consensus.
  • The bank boosted its quarterly dividend by 6% to $0.85 a share 
  • Shares were flat in pre-market trading Monday following the results.
  • On Friday, JPMorgan announced record results while Wells Fargo provided disappointing guidance.
  • Watch Goldman Sachs trade live.

  • Adjusted earnings-per-share: $5.71 versus $4.97 expected
  • Operating profit: $2.7 billion versus $2.7 billion expected
  • Revenue: $8.81 billion versus $9.04 billion expected
  • Equities Sales & Trading revenue: $1.77 billion versus $1.83 billion expected
  • FICC Sales & Trading revenue: $1.84 billion versus $1.78 billion expected
  • Investment banking revenue: $1.81 billion versus $1.70 billion expected
  • Investment management revenue: 1.56 billion versus KBW forecast of $1.65 billion.
  • Investing & Lending segment revenue: $1.84 billion versus KBW forecast of $2 billion 
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Full "The Business Insider: The Money Game" article




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