Company News: Goldman Sachs (GS) quarterly results beat analysts’ forecasts

Market news

16 July 2019

Company News: Goldman Sachs (GS) quarterly results beat analysts’ forecasts

Goldman Sachs (GS) reported Q2 FY 2019 earnings of $5.81 per share (versus $5.98 in Q2 FY 2018), beating analysts’ consensus of $5.03.

The company’s quarterly revenues amounted to $9.461bln (+0.6% y/y), beating analysts’ consensus estimate of $8.879 bln.

The company also increased its quarterly dividend by 47% to $1.25/share from $0.85/share.

GS rose to $213.52 (+0.92%) in pre-market trading.

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