Goldman Sachs tops Q1 earnings, but NII and loan-loss provisions weigh on sentiment
TL;DR
Goldman Sachs posted a Q1 GAAP EPS of $17.55 on revenue of about $17.2 billion, beating estimates helped by a strong Global Banking & Markets segment; however net interest income missed consensus and the provision for credit losses was higher than expected, sending the stock down roughly 3.5% in premarket trading.
Topics:businessfinance#credit-loss-provision#earnings#finance#global-banking-markets#goldman-sachs#net-interest-income
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