Goldman Sachs and Citigroup released their second quarter earnings reports before opening bell this morning, with the former seeing a negative impact from legal costs and the latter seeing legal costs fall year over year.
Goldman Sachs posted earnings of $1.98 per share, but that includes litigation expenses of $2.77 per share. Analysts had been expecting earnings of $3.84 per share. The firm’s revenue came in at $9.07 billion, compared to the consensus estimate of $8.78 billion and last year’s $9.13 billion.
RV Capital Co-Investor Letter for the first half ended June 2022. Q2 2022 hedge fund letters, conferences and more Dear Co-Investors,