Categories AlphaGraphs, Consumer, Finance
Goldman Sachs (GS) Q1 2023 Earnings: Key financials and quarterly highlights
The Goldman Sachs Group, Inc. (NYSE: GS) reported first quarter 2023 earnings results today.
Net revenues decreased 5% year-over-year to $12.2 billion, mainly due to lower revenues in Global Banking & Markets.
Net earnings applicable to common shareholders were down 19% to $3 billion, or $8.79 per share, compared to last year.
Earnings beat expectations while revenue fell short.
On April 14, 2023, the Board of Directors declared a dividend of $2.50 per common share to be paid on June 29, 2023 to common shareholders of record on June 1, 2023.
The stock dropped over 3% in premarket hours on Tuesday following the earnings announcement.
Prior performance
Most Popular
Netflix (NFLX) Q1 2024 profit tops expectations; adds 9.3Mln subscribers
Streaming giant Netflix, Inc. (NASDAQ: NFLX) Thursday reported a sharp increase in net profit for the first quarter of 2024. Revenues were up 15% year-over-year. Both numbers exceeded Wall Street's
PepsiCo (PEP) to report Q1 earnings next week. Here’s what to expect
PepsiCo, Inc. (NASDAQ: PEP) is preparing to report first-quarter results on April 23, before the opening bell. Of late, the food and beverage giant has been busy aligning its business
What to expect when Southwest Airlines (LUV) reports Q1 2024 earnings results
Shares of Southwest Airlines Co. (NYSE: LUV) were up 2% on Thursday. The stock has dropped 8% over the past one year. The airline is scheduled to report its first
