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A strong quarter for Wall Street lifts Goldman's first-quarter results

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Goldman Sachs Group Inc News

Financial Services,Finance Business,Earnings

Goldman Sachs said Monday it saw a double-digit rise in its first-quarter profits, lifted broadly by the stock and bond markets’ performances in the first months of the year. The New York-based investment bank posted net income of $4.13 billion, up 28% from a year earlier. The company earned $11.

FILE - A trader works in the Goldman Sachs booth on the floor of the New York Stock Exchange, March 15, 2012. Goldman Sachs will report first quarter earnings later Thursday April 17, 2014. 67 a share for the quarter, well above analysts expectations. NEW YORK — Goldman Sachs said it saw a double digit rise in its first quarter profits on Monday, lifted broadly by the stock and bond markets’ performances in the first months of the year.

The New York-based investment bank posted a profit of $4.13 billion, up 28% from a year earlier. The company earned $11.67 a share for the quarter, well above analysts expectations.

 

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