earnings
confidence high
sentiment negative
materiality 0.80
Goldman Sachs Q2 EPS $3.08 vs $7.73 YoY; dividend raised 10% to $2.75
GOLDMAN SACHS GROUP INC
2023-Q2 EPS reported
$11.91
- Net revenues $10.90B, down 8% YoY; net earnings $1.22B, down 58% YoY.
- Global Banking & Markets revenue $7.19B, down 14% YoY; Equities financing hit record.
- Asset & Wealth Management revenue $3.05B, down 4% YoY; record AUS of $2.71T.
- Operating expenses $8.54B including $504M goodwill impairment and ~$485M real estate impairments.
- Board approved 10% dividend increase to $2.75/share; $750M in share repurchases during Q2.