Goldman Sachs Stock Slips After Earnings. Here’s Why.

Goldman Sachs

Group had its worst results because the pandemic within the fourth quarter, the results of weakness in investment banking and asset management, plus a large loss within the unit that features its consumer banking business.

The investment bank earned $3.32 a share within the fourth quarter, down 69% from $10.81 a share within the fourth quarter of 2021, while the consensus forecast amongst analysts was for $5.56 a share.

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