Goldman Sachs Q3 2017 earnings were released before opening bell this morning. The firm reported earnings of $5.02 per share on $8.3 billion in revenue, compared to the consensus estimates of $4.17 per share in earnings on $7.5 billion in revenue. In last year’s third quarter, Goldman Sachs reported $4.88 per share in earnings on $7.9 billion in revenue.
Institutional Client Services revenues fell 17% to $3.12 billion. Goldman Sachs’ Fixed Income, Currency, and Commodities Client Execution (FICC) trading revenue amounted to $1.45 billion, a 26% year-over-year decline, versus the $1.38 billion that was expected. Investment banking revenue came in at $1.8 billion, a 17% increase year over year that handily beat the consensus of $1.63 billion, while equities trading revenue came up short at $1.67 billion versus the consensus of $1.77 billion. Equities securities revenues surged 51% to reach $1.39 billion.
Bonhoeffer Fund's performance update for the month ended July 31, 2022. Q2 2022 hedge fund letters, conferences and more The Bonhoeffer Fund returned 3.5% net of fees in July, for a year-to-date return of -15.8%. Bonhoeffer Fund, LP, is a value-oriented private investment partnership for . . . SORRY! This content is exclusively for Read More
Investing and lending revenues rose 35% year over year to $1.88 billion. Investment management revenues ticked higher by 3% year over y