5 Key Earnings Reports from The Financial Sector

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1. The Goldman Sachs Group, Inc. (NYSE:GS)

Number of Hedge Fund Holders: 74

Shares of The Goldman Sachs Group, Inc. (NYSE:GS) fell to a nearly seven-month low on Tuesday, January 18, 2022, after announcing disappointing profit for the fourth quarter, primarily due to weak trading activity.

Follow Goldman Sachs Group Inc (NYSE:GS)

The Goldman Sachs Group, Inc. (NYSE:GS) earned $10.81 per share, down from $12.08 per share in the year-ago quarter and below expectations of $11.77 per share. However, the quarterly revenue of $12.64 billion was up eight percent versus last year and ahead of analysts’ average estimate of $12.04 billion.

Speaking on the results, CEO of The Goldman Sachs Group, Inc. (NYSE:GS), David Solomon, said:

“2021 was a record year for Goldman Sachs. The firm’s extraordinary performance is a testament to the strength of our client franchise and people. Moving forward, our leadership team remains committed to growing Goldman Sachs, diversifying our businesses and delivering strong returns for shareholders.”

You can also take a peek at 10 Best Epicenter Stocks To Buy Now and Top 10 Stock Picks of Thomas Bancroft’s Makaira Partners.

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