Goldman Sachs Shares Dip Despite Earnings and Revenue Beat
Goldman Sachs Group Inc. (NYSE: GS) reported third-quarter earnings that exceeded analyst expectations, but shares slipped 2% intra-day on Tuesday as investors weighed the results against recent market performance. The investment bank posted earnings per share of 11.02. Revenue totaled 14.13 billion. The Global Banking & Markets division generated $10.12 billion in revenue, up 18% year-over-year, as i ...