Finance

Goldman Sachs 4Q earnings fall 10 percent

Goldman follows other big U.S. finance institutions this week in unveiling a noticeable slowdown during trading over the past 90 days.

Goldman earned $2.03 zillion, or $4.38 a new share, for the 1 / 4 that ended in November. That compares which has a profit of $2.24 billion, or $4.60 a share, in the same period last year.

Revenues were $7.69 billion dollars, down from $8.80 billion a year ago.

Analysts questioned by FactSet expected Goldman that will earn $4.32 some sort of share on $7.66 billion in revenue.

Goldman also saw your slowdown in its purchase bank underwriting division.

For the full year, Goldman reported an income of $8.08 billion dollars, or $17.07 a good share, up through $7.73 billion, or maybe $16.34 a write about, last year.

Goldman’s compensation expenses, typically the firm’s premier operating expense, were being flat for the 12 months at $12.69 billion dollars.

Shares of Goldman fell slightly in premarket trading for you to $178.49.

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