Goldman Sachs Group Inc. (GS) reported that its first-quarter net income increased to $2.19 billion or $4.29 per share, from $2.07 billion or $3.92 per share in the same quarter last year. Analysts polled by Thomson Reuters expected the company to report earnings of $3.88 per share for the quarter. Analysts' estimates typically exclude special items.
Net revenues, including net interest income, for the quarter rose to $10.09 billion from $9.95 billion in the prior year quarter. Sixteen analysts had consensus revenue estimate of $9.64 billion for the quarter.
The company declared a dividend of $0.50 per common share to be paid on June 27, 2013 to common shareholders of record on May 30, 2013.
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