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Goldman Sachs (GS): Q4 EPS of -$4.97 vs. -$3.73 consensus. Revenue of -$1.58B vs. $663M. Tier 1...

Goldman Sachs (GS): Q4 EPS of -$4.97 vs. -$3.73 consensus. Revenue of -$1.58B vs. $663M. Tier 1 ratio of 15.6%, up from 11.6% in Q3. Full-year revenue for investment banking of $5.2B (-31%), financial advisory $2.66B (-37%), underwriting $2.53B (-24%). Shares +3.2% premarket. (PR)
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Comments (1)
  • DW Reid
    , contributor
    Comments (126) | Send Message
     
    I am baffled why traders consider this good news and are sending financial shares up. Any thoughts?
    16 Dec 2008, 08:39 AM Reply Like
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