UPDATE 3-Morgan Stanley leans on wealth management to beat estimates [Reuters (UK)]
Goldman Sachs Group, Inc. (The) (GS)
Last goldman sachs group, inc. (the) earnings: 4/15 07:30 am
Check Earnings Report
US:NYSE Investor Relations:
goldmansachs.com/investor-relations
Company Research
Source: Reuters
Morgan Stanley leans on wealth management to beat estimates - Reuters 5 Min Read (Reuters) - Morgan Stanley reported a 9 percent drop in quarterly earnings on Wednesday, but managed to beat analyst estimates through slight growth in its wealth management business, as well as cost cuts. Shares of the sixth-largest U.S. bank were up 1.4 percent to $47.69 in morning trading. Morgan Stanley gets about half its annual revenue from wealth management, which helps it ride out weak periods for trading and investment banking. Both of those businesses suffered during the first quarter at Morgan Stanley and its Wall Street rivals because of subdued volatility. “This quarter ... shows the resiliency of wealth management, which is an important indicator of the health of our business,” Chief Financial Officer Jonathan Pruzan said in an interview. The bank also cut non-interest expenses by 4 percent, which helped boost its bottom line. Overall, Morgan Stanley reported a quarterly profit of $2.34 bill
Show less
Read more
Impact Snapshot
Event Time:
GS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GS alerts
High impacting Goldman Sachs Group, Inc. (The) news events
Weekly update
A roundup of the hottest topics
GS
News
- Goldman Sachs: An Easier Fed Can Unleash A Lot Of Earnings Power [Seeking Alpha]Seeking Alpha
- Goldman says we're still in phase 1 of AI's stock-market takeover. Here's how they expect phases 2 through 4 to play out. [Yahoo! Finance]Yahoo! Finance
- AI boom can even work on your taxes [FT.com - Mergermarket]FT.com - Mergermarket
- AI boom can even work on your taxes [Financial Times (FT.com) (UK)]Financial Times
- City advisers rake in £80m from Nationwide's planned £2.9bn Virgin Money takeover [Yahoo! Finance]Yahoo! Finance
GS
Earnings
- 4/15/24 - Beat
GS
Sec Filings
- 4/22/24 - Form 424B2
- 4/22/24 - Form 424B2
- 4/22/24 - Form 424B2
- GS's page on the SEC website