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Goldman Sachs (GS) Tops Q4 EPS Views; Investment Banking Revs at Near-Record Levels

January 20, 2016 7:36 AM

(Updated - January 20, 2016 7:40 AM EST)

Goldman Sachs (NYSE: GS) reported Q4 EPS of $4.78, ex. CVA/DVA and RMBS settlement, versus the analyst estimate of $3.56. Revenue for the quarter came in at $7.27 billion versus the consensus estimate of $7.14 billion.

*** Q4 EPS was $1.27. Goldman noted, "Annualized ROE (2) was 3.0% for the fourth quarter of 2015. During the fourth quarter of 2015, the firm recorded provisions for the settlement with the RMBS Working Group (1) of $1.80 billion ($1.54 billion after-tax), which reduced diluted earnings per common share by $3.41 and annualized ROE by 8.1 percentage points.

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For earnings history and earnings-related data on Goldman Sachs (GS) click here.

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