Goldman Sachs Group Inc (NYSE:GS, XETRA:GOS) shares fell about 4% in early trade on Monday despite the firm reporting first quarter earnings and revenue that exceeded analyst expectations, as investors weighed mixed performance across its divisions alongside a rise in credit costs. The bank reported net revenues of $17.23 billion for the quarter ended March 31, 2026, up 14% year-over-year and 28% higher than the prior quarter.
Goldman Sachs (NYSE:GS) stock is down 4% in early Monday trading, sliding from a prior close of $907.80 to $870 despite reporting impressive Q1 2026 results.
Goldman Sachs (NYSE:GS) Chief Equity Strategist Peter Oppenheimer made a very interesting call last week, calling the sell-off a rare “buying opportunity” in U.S.
Goldman Sachs (GS) came out with quarterly earnings of $17.55 per share, beating the Zacks Consensus Estimate of $16.34 per share. This compares to earnings of $14.12 per share a year ago.
Shares of Goldman Sachs fell more than 4% in premarket trading despite the Wall Street giant reporting a strong first-quarter performance, as investors focused on weaknesses in parts of its business and a more uncertain outlook. The bank said profit rose 19% in the first quarter, supported by a rebound in dealmaking and heightened market volatility that boosted its core banking and markets division.
Goldman Sachs reported a 19% increase in its first-quarter profit, as a rebound in mergers and acquisitions activity and strong equities trading powered a near-record performance for its core banking and markets division. The Wall Street lender said profit applicable to common shareholders rose to [MONEY value="5400000000" currency="usd" notation="long" replace="false"], or $17.55 per share, compared with [MONEY value="4580000000" currency="usd" notation="long" replace="false"], or $14.12 per share, a year earlier.
Goldman's earnings and revenue beat expectations, but not by as much as investors had hoped.
Earnings jump on robust investment-banking fees and record revenue in equities.
Goldman Sachs posted a rise in first-quarter profit on Monday, as the Wall Street giant benefited from strength in dealmaking and equities trading.
The bank had its best-ever quarter for banking and markets thanks to high demand for dealmakers and stock volatility
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The Goldman Sachs stock price has rebounded and is moving closer to its all-time high as the company prepares to release its first-quarter results on Monday. GS jumped to $910, a few points below the all-time high of $977.