Major Bank Earnings: Goldman Sachs Strong, JPMorgan Misses Estimates
BAC Bank Of America Corp
$51.39 -4.76%
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- 1Goldman Sachs reported earnings per share of $17.01, with stock trading revenue increasing 72% compared to a year ago.
- 2JPMorgan reported earnings per share of $5.57, falling below expectations.
- 3Wells Fargo reported earnings per share of $1.87, barely exceeding expectations.
So what's the key point?
Goldman Sachs earned a lot of money from stock trading, while JPMorgan earned less than experts expected. Because results vary by company, they mean different things to investors.
Source Real Investment Advice · View original ↗
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