The Goldman Sachs Group, Inc. (NYSE: GS) reported fourth quarter 2022 earnings results today.
Net revenues were $10.59 billion, down 16% year-over-year, mainly due to lower net revenues in the Asset & Wealth Management and Global Banking & Markets divisions.
Net earnings applicable to common shareholders declined 69% to $1.18 billion, or $3.32 per share, compared to the year-ago quarter.
Both revenue and earnings missed expectations.
On January 13, 2023, the Board of Directors declared a dividend of $2.50 per common share to be paid on March 30, 2023 to common shareholders of record on March 2, 2023.
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Shares of Hormel Foods Corporation (NYSE: HRL) were down over 1% on Monday. The stock has dropped 29% year-to-date. The food company is set to report its fourth quarter 2023 earnings
The Kroger Co. (NYSE: KR), a leading grocery retailer that operates both in-store and online, will be reporting earnings this week. The company, which is preparing to acquire rival retailer
Salesforce, Inc. (NYSE: CRM) achieved accelerated sales growth and profitability in recent quarters, in line with its transformation goal. The customer relationship management platform bets on new opportunities in generative