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Goldman Sachs almost doubles profits, but reports drop in net earnings for 2023 financial results
Goldman SachsGoldman Sachs(US:GS) Invezz·2024-01-16 20:42

Goldman Sachs reported a significant drop in its net earnings for 2023, down from 11.26billionYoYin2022to11.26 billion YoY in 2022 to 8.52 billion year-on-year on January 16th 2024. However, its quarterly earnings were up significantly, from 1.33billioninnetearningsinQ42022to1.33 billion in net earnings in Q4 2022 to 2.01 billion in Q4 2023 – almost doubling the company’s profits. Earnings per shareCopy link to sectionThe financial services giant’s EPS was 5.48ofdilutedearningspercommonshareinQ42023,upmarginallyfrom5.48 of diluted earnings per common share in Q4 2023, up marginally from 5.47 in Q3, and significantl ...