HomeTagsGoldman Sachs stock

Tag: Goldman Sachs stock

Goldman Sachs’ Earnings Top Analysts Expectations, Profit Soars 150%

Investment bank Goldman Sachs published its second-quarter earnings report on Monday, topping analysts’ expectations and revealing that its profit soared 150% compared to the same period last year. Goldman Sachs benefited from incurring smaller loan loss provisions than predicted and better fixed income results than...

Goldman Sachs Stock Continues to Surge, Analysts Predict it Will Surpass $500 Mark

The shares of investment banking giant Goldman Sachs continued their climb on Monday, improving by more than 2% on their previous close of $450.18 per share. According to analysts, the company’s shares show no signs of slowing down and will surpass a mark of...

Goldman Sachs CEO Expects IPOs to Bolster Capital Markets

Goldman Sachs CEO David Solomon is confident that the incoming wave of initial public offerings (IPOs) will help to fuel a "pickup in the capital markets activity" in the coming fall season. "Obviously an environment with more capital markets activity is a good environment...

Goldman Sachs CEO Feels “Very, Very Good” About Strategy Change Despite a “Tough” Q2

Speaking at a conference call with analysts on Wednesday, Goldman Sachs CEO David Solomon acknowledged that the investment bank had a “tough” second quarter. But despite this, Solomon said he feels “very, very good” about Goldman’s recent strategy changes. Goldman Sachs reported $1.1 billion in...

Goldman Sachs Stock Slides 3.5% After Reported Profit Loss

Goldman Sachs, the world’s second-largest investment bank, has reported an 18% profit loss in its first-quarter earnings report. This caused the bank’s stock to slide 3.7% in premarket trading compared to Monday’s close price of $339.68 per share. Goldman Sachs’ saw its quarterly profit drop...

Goldman Sachs Beats Expectations Despite 48% Profit Drop

Goldman Sachs Group Inc came on top in the second quarter, reporting results that decisively beat the analysts' expectations. According to Monday's report, the investment bank had $7.73 a share compared to an estimated $6.58 per share and $11.86 billion revenue vs. $10.86 billion...