Morgan Stanley Sees Q4 Loss At Goldman Sachs (GS)

November 6, 2008 8:48 AM EST
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Morgan Stanley cut estimates on Goldman Sachs (NYSE: GS), saying the company will report a fourth-quarter loss. The firm cut Q4 EPS estimates from $3.21 to a loss of $1.09.

The firm cut 2009 EPS estimates from $14.19 to $9.40 and 2010 from $17 to $13.17.

The Goldman Sachs Group, Inc. provides a range of investment banking, securities, and investment management services to corporations, financial institutions, governments, and high-net-worth individuals worldwide.

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