Earnings fell 6% to $2.42bn while net revenues slipped 2% year-on-year, to $9.46bn, comfortably ahead of the $8.8bn most analysts had pencilled in.
Investment Banking net revenue of $1.86B rose 3% than Q1 and fell 9% Y/Y. During the same quarter in the previous year, the firm posted $0.46 EPS.
Goldman Sachs Group has raised its dividend payment by an average of 7.3% per year over the last three years and has raised its dividend every year for the last 7 years.
Commission européenne : Ursula von der Leyen montre patte blanche au Parlement
L'extrême droite devrait elle aussi probablement voter contre. La candidate parle aussi d'un " nouveau pacte migratoire ". Réponse le 16 juillet dans la soirée.
Goldman Sachs Group (NYSE:GS) last released its earnings results on Monday, April 15th.
Goldman Sachs on July 16 reported net income of $2.4 billion for the second quarter of 2019, equating to diluted earnings of $5.81 per share, nearly 3% less than the previous year but higher than analyst forecasts of $4.91, according to data from Refinitiv. Goldman Sachs BDC had a net margin of 25.34% and a return on equity of 12.08%. The company had revenue of $8.81 billion during the quarter, compared to analyst estimates of $8.89 billion.
Shares of Goldman Sachs have gained 27 per cent this year through Monday, putting it on track for its best annual performance in more than five years. Legal & General Group Plc now owns 185,581 shares of the financial services provider's stock worth $3,417,000 after buying an additional 22,375 shares during the last quarter. It was not immediately clear if the reported numbers were comparable with estimates. Zacks Investment Research upgraded shares of FirstService from a "strong sell" rating to a "hold" rating and set a $110.00 price objective for the company in a research note on Tuesday, June 25th.
Macron donne une dimension européenne au 14 juillet — France
En tout, 4 212 hommes à pied, 196 véhicules et 200 cavaliers de la Garde républicaine défileront, un format proche de celui de 2018.
GS has been the topic of several research reports.
Goldman's main rival Morgan Stanley MS.N is expected to report quarterly results later in the week. Finally, HSBC set a $202.00 price target on Goldman Sachs Group and gave the company a "neutral" rating in a research report on Thursday, April 4th. The stock now has an average rating of "Hold" and an average price target of $240.73.
A Raisin spokesperson confirmed to Xinhua that Goldman Sachs is obtaining "a small single-digit percentage" stake in Raisin, an online platform that connects customers and banks without access to private banking. Cetera Advisor Networks LLC now owns 60,148 shares of the financial services provider's stock worth $1,100,000 after buying an additional 47,426 shares during the last quarter. Alera Investment Advisors LLC now owns 146 shares of the investment management company's stock valued at $28,000 after acquiring an additional 61 shares in the last quarter.
Lunar eclipse marks Moon landings 50th anniversary
The Virtual Telescope Project will share a live stream of the lunar eclipse just a few degrees apart above the skyline of Rome. But in time of partial lunar eclipse the alignment goes slightly out, so not all of the Moon is covered by the Earth's shadow.