Goldman Sachs Group, Inc. (GS) Posts Q1 EPS of $4.02, Tops Expectations

April 17, 2014 7:43 AM

Goldman Sachs Group, Inc. (NYSE: GS) reported Q1 EPS of $4.02, $0.53 better than the analyst estimate of $3.49. Revenue for the quarter came in at $9.33 billion versus the consensus estimate of $8.7 billion.

Highlights

“We are generally pleased with our performance for the quarter given the operating environment,” said Lloyd C. Blankfein, Chairman and Chief Executive Officer. “Investment Banking and Investment Management generated solid results, while market sentiment shifted throughout the quarter, constraining client activity in various parts of our franchise. Our collection of businesses gives the firm significant room for growth as economic conditions broadly improve and we continue to remain focused on prudently managing our capital and cost structure.”

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

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