Company News: Goldman Sachs (GS) reported better than expected fourth quarter earnings, but revenue drops

Market news

16 January 2015

Company News: Goldman Sachs (GS) reported better than expected fourth quarter earnings, but revenue drops

Goldman Sachs (GS) earned $4.38 per share in the fourth quarter, beating analysts' estimate of $4.32. Revenue in the fourth quarter dropped 8.3% year-over-year to $7.69 billion, beating analysts' estimate of $7.64 billion.

Goldman Sachs (GS) shares decreased to $175.50 (-1.68%) prior to the opening bell.

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