Investing.com - Goldman Sachs (NYSE:GS) reported fourth quarter earnings that missed analysts' expectations on Wednesday and revenue that topped forecasts.
The firm reported earnings per share of $4.69 on revenue of $9.96B. Analysts polled by Investing.com expected EPS of $5.56 on revenue of $8.53B. That compared to EPS of $6.04 on revenue of $8.08B in the same period a year earlier. The company had reported EPS of $4.79 on revenue of $8.32B in the previous quarter.
For the year, Goldman Sachs shares are up 6.84%, outperforming the S&P Global (NYSE:SPGI) 100 which is down 0% year to date.
Goldman Sachs follows other major Financial sector earnings this month
On Tuesday, JPMorgan reported fourth quarter EPS of $2.57 on revenue of $29.21B, compared to forecasts of EPS of $2.35 on revenue of $27.87B.
Bank of America earnings beat analyst's expectations on Wednesday, with fourth quarter EPS of $0.74 on revenue of $22.35B. Investing.com analysts expected EPS of $0.69 on revenue of $22.22B
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