Goldman Sachs (GS) Reports Q1 EPS of $3.11

April 15, 2020 7:24 AM

Goldman Sachs (NYSE: GS) reported Q1 EPS of $3.11, may not compare to the analyst estimate of $3.35. Revenue for the quarter came in at $8.74 billion versus the consensus estimate of $7.9 billion.

“As the world grapples with this terrible pandemic, we are extremely grateful for the professionalism of the healthcare specialists and other front-line workers who are bearing the greatest burden in the fight against the virus. We are in awe of their courage and are doing our part to help communities and small businesses suffering from the economic impact of the crisis. I am enormously proud of the determination and dedication of the people of Goldman Sachs, who continue to serve our clients despite high market volatility. Our quarterly profitability was inevitably affected by the economic dislocation. As public policy measures to stem the pandemic take root, I am firmly convinced that our firm will emerge well-positioned to help our clients and communities recover.” - David M. Solomon

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