Investing.com - Goldman Sachs (NYSE:GS) reported third quarter earnings that missed analysts' expectations on Tuesday and revenue that fell short of forecasts.
The firm reported earnings per share of $4.79 on revenue of $8.32B. Analysts polled by Investing.com expected EPS of $4.86 on revenue of $8.34B. That compared to EPS of $6.28 on revenue of $8.65B in the same period a year earlier. The company had reported EPS of $5.81 on revenue of $9.46B in the previous quarter.
Goldman Sachs shares lost 1.13% to trade at $203.50 in pre-market trade following the report.
For the year, Goldman Sachs shares are up 23.21%, outperforming the S&P Global (NYSE:SPGI) 100 which is up 15.57% year to date.
Goldman Sachs follows other major Financial sector earnings this month
On Tuesday, JPMorgan reported third quarter EPS of $2.68 on revenue of $30.06B, compared to forecasts of EPS of $2.45 on revenue of $28.46B.
UnitedHealth earnings beat analyst's expectations on Tuesday, with third quarter EPS of $3.88 on revenue of $60.35B. Investing.com analysts expected EPS of $3.75 on revenue of $59.75B
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