From CNBC: 2025-04-14 12:11:00

Goldman Sachs reported first-quarter revenue of $15.06 billion, up 6% year over year, beating the consensus estimate of $14.81 billion. Earnings per share were $14.12, up 22% annually and above the $12.35 estimate. The stock rose 1% in response, though it is still down 22% year to date. Investment banking revenue was weak due to slower dealmaking, while trading desk performance was strong. The outlook remains uncertain due to evolving tariff policies under President Trump, affecting IPOs and dealmaking. The company beat expectations in equity trading, while FICC revenue slightly missed. The firm also implemented a $40 billion stock repurchase program. CEO David Solomon remains optimistic about future dealmaking despite current uncertainties.



Read more at CNBC:: Goldman’s earnings provide reasons to believe in the stock despite a blurry backdrop