Goldman Sachs reports strong earnings after JP Morgan
- Q1 EPS $18.60 vs $10.07 estimate
- Q1 revenue 17.70 billion vs $12.55 billion estimate
- Q1 investment banking revenue $3.57 billion vs $2.68 billion estimate
- Q1 equities sales & trading revenue $3.57 billion vs $2.68 billion estimate
- Q1 FICC sales & trading revenue $3.89 billion vs $2.89 billion estimate
The only surprise seems to be how off the estimates are in gauging the performance for Wall Street firms so far. Goldman shares are up 1.5% now pre-market.
