Goldman's arch rival, Morgan Stanley (MS.N), is scheduled to report quarterly results on Wednesday.
During the same quarter a year ago, the company reportedly had income of $ 5.15 per share on $ 8.03 billion in revenue.
The lender's return on equity was 15.4 percent.
Total revenue for Goldman Sachs rose to $10.04 billion from $8.03 billion in the same period a year earlier. The investment management company reported $5.68 EPS for the quarter, beating analysts' consensus estimates of $4.90 by $0.78. Clarity Money is free to use and over time will be branded Marcus by Goldman Sachs.
Dell will join Goldman Sachs (NYSE: GS) as a partner and will continue to manage Clarity Money and will play an active role on the Marcus senior management team, reporting to Harit Talwar, Head of Digital Finance, and Omer Ismail, Chief Commercial Officer of Digital Finance. GS has 3.02 million shares volume. The stock has a market cap of $29.28 billion and a P/E ratio of 41.803. Goldman Sachs has a 1 year low of $209.62 and a 1 year high of $275.31.
Also notable was a 34 per cent rise in equity securities revenues, attributed by the bank to gains in private equity investment for "company-specific reasons". The ex-dividend date of this dividend was Wednesday, February 28th. On a per-share basis, JPMorgan earned $2.37 a share, up from $1.65 per share, beating analysts' forecasts. Goldman Sachs's payout ratio is now 15.18%. Finally, Instinet reissued an "outperform" rating and issued a $225.00 price objective (down from $238.00) on shares of Goldman Sachs in a report on Thursday, January 4th. Zacks Investment Research cut Nintendo Co. from a "buy" rating to a "hold" rating in a research note on Thursday, December 1st. Douglass Winthrop Ltd Limited Liability Company has invested 0.1% in The Goldman Sachs Group, Inc. "Buy" rating has 7, "Sell" are 0, while 5 are "Hold". Six research analysts have rated the stock with a sell rating and seven have issued a hold rating to the company's stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 4,400 shares were sold by ROGERS JOHN F.W., worth $1.17M. The disclosure for this sale can be found here. Stocks swung around amid fears of a trade war and as the tumult at Facebook Inc. weighed on shares of technology companies.
A new analysis of all Fortune 500 companies revealed that less than 1-in-20 workers will receive a bonus or wage increase tied to the business tax cuts, while businesses received nine times more in cuts than what they passed on to their workers, according to Americans for Tax Fairness, a political advocacy group devoted to tax reform.