Investing.com - Goldman Sachs (NYSE:GS) reported first quarter earnings that beat analysts' expectations on Monday and revenue that fell short of forecasts.
The firm reported earnings per share of $5.71 on revenue of $8.81B. Analysts polled by Investing.com forecast EPS of $4.89 on revenue of $8.93B. That compared to EPS of $6.95 on revenue of $10.04B in the same period a year earlier. The company had reported EPS of $6.04 on revenue of $8.08B in the previous quarter.
Goldman Sachs shares gained 0.55% to trade at $208.98 in pre-market trade following the report.
For the year, Goldman Sachs shares are up 24.42%, outperforming the Dow 30 which is up 14.54% year to date.
Goldman Sachs follows other major Financial sector earnings this month
On Friday, JPMorgan reported first quarter EPS of $2.65 on revenue of $29.85B, compared to forecasts of EPS of $2.35 on revenue of $28.44B.
Wells Fargo&Co earnings beat analyst's expectations on Friday, with first quarter EPS of $1.2 on revenue of $21.61B. Investing.com analysts expected EPS of $1.11 on revenue of $20.99B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar