Corporate News

Goldman Sachs Q1 Profit Down, Yet Beats; Topline Misses View

Goldman Sachs Group Inc. reported Tuesday lower profit in its first quarter as revenues were hurt mainly by weak performance in Global Banking & Markets. Earnings per share, however, beat market estimates, while topline missed view.

In pre-market activity on the NYSE, the banking major's shares were losing around 3.5 percent to trade at $327.90.

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by RTTNews Staff Writer

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