UPDATE: Goldman Sachs Reports Decline In Q4 Profit
Goldman Sachs Group Inc (NYSE: GS) reported a drop in its fourth-quarter profit.
Goldman Sachs' quarterly profit declined to $1.01 billion, or $1.84 per share, from $2.39 billion, or $3.79 per share, in the year-ago period. Its total net revenue fell to $6.05 billion, from $8.64 billion. However, analysts were expecting earnings of $1.28 per share on revenue of $6.73 billion.
Goldman Sachs shares gained 1.05% to $98.71 in pre-market trading.
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