| Goldman Sachs
Earnings Call |
|
Goldman Sachs Earnings Call, Second Quarter 2008
21st June 2008 00:00 AM |
|
| The firm benefited from strong client franchise, the diverse business model and the deep commitment of employees amidst difficult market conditions. |
|
| The leading global investment banking, securities and investment management firm reported net revenues of $9.42 billion and net earnings of $2.09 billion compared with net revenues of $8.34 billion and net earnings of $1.51 billion in the previous quarter. The asset management achieved record quarterly management and other fees of $1.15 billion and assets under management increased 18% from a year ago to a record $895 billion, inclusive of an increase of $22 billion during the quarter. |
|
|
Full Story... |
The Goldman Sachs Group First Quarter Earnings Call
20th March 2008 00:00 AM |
|
| Earnings fell by half after recording more than $2.5 billion of losses on loans and other assets. |
|
| The trading and principal investments revenue fell to $5.12 billion from last year, reflecting the continued turmoil in financial markets this year. Investment banking revenue fell by a third to $1.17 billion, reflecting a slump in debt underwriting and decline in stock offerings. Goldman recorded about $1 billion of net losses on residential mortgage loans and securities, as well as net losses of $1 billion on higher-risk corporate loans and the declining value of its investments. |
|
|
Full Story... |
Goldman Sachs Group Fourth Quarter Earnings Call
20th December 2007 00:00 AM |
|
| The net income increased 2% over the prior year to $3.22 billion or $7.01, on record performances across each of the company’s businesses. |
|
| The leading provider of financial services reported revenue of $10.7 billion as against $10.2 billion in the previous year quarter, on strong revenue in investment banking and asset management. Goldman Sachs once again ranked first in announced M&A globally for calendar 2007 through November. In Q4, assets under management grew 9% to a record $868 billion. In 2007, the firm repurchased 41.2 million shares, representing $9 billion of capital. |
|
|
Full Story... |
Goldman Sachs Third Quarter Earnings Call
24th September 2007 00:00 AM |
|
| The company earned $2.85 billion, or $6.13 a share, in the third quarter compared to $1.59 billion, or $3.26 a share a year ago. |
|
| The investment bank attributed the 79% profit growth to sale of Horizon Wind Energy and the increase in mortgage trading revenue. Total net revenue climbed 63% from a year ago to $12.33 billion. Third-quarter operating expense amounted to $8.08 billion, up 55% from a year ago earlier and up 20% sequentially. |
|
|
Full Story... |
|
|
