Investing.com - Investment banking giant Goldman Sachs reported stronger-than-expected second quarter earnings and revenue on Tuesday, sending its shares higher in pre-market trade.
Earlier in the day, in its second quarter earnings report, Goldman Sachs said earnings per share came in at USD3.70, blowing past expectations for USD2.89 per share.
The investment bank’s second quarter revenue came in at USD8.61 billion, beating expectations for revenue of USD7.97 billion.
"The firm’s performance was solid especially in the context of mixed economic sentiment during the quarter," Chief Executive Lloyd Blankfein said in a statement.
Immediately after the earnings announcement, Goldman Sachs shares jumped 2% in trading prior to the opening bell.
Meanwhile, the outlook for U.S. equity markets steady. The Dow Jones Industrial Average futures pointed to a flat open, S&P 500 futures were little changed, while the Nasdaq 100 futures indicated a gain of 0.1% at the open.
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Goldman Sachs Q2 earnings crush expectations; shares gain 2%
Published 07/16/2013, 07:38 AM
Goldman Sachs Q2 earnings crush expectations; shares gain 2%
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