Goldman Sachs Profit Falls Less Than Expected but Shares Tumble [TheStreet.com]
Stifel Financial Corporation (SF)
Last stifel financial corporation earnings: 7/30 06:00 am
Check Earnings Report
US:NYSE Investor Relations:
stifel.com/investor-relations
Company Research
Source: TheStreet.com
Goldman Sachs Profit Falls Less Than Expected but Shares Tumble Goldman Sachs Group ( GS Get Report But the Wall Street firm's shares tumbled after analysts said the outperformance was driven by accounting decisions that might not be repeated in future quarters, including a low tax rate and less-than-estimated compensation costs. Net income fell by 21% from a year earlier to $2.25 billion, the New York-based bank said Monday in a press release. per share were $5.71, beating Wall Street analysts' average estimate of $4.89. Investment-banking fees climbed 1% from a year earlier to $1.81 billion, though revenue from trading bonds, commodities and currencies declined by 11% to $1.84 billion, and stock-trading revenue tumbled 24% to $1.77 billion. "We are pleased with our performance in the first quarter, especially in the context of a muted start to the year," CEO David Solomon said in the press release. The trading decline stemmed from lower revenue in government bonds, corporate bonds,
Show less
Read more
Impact Snapshot
Event Time:
SF
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
SF 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
SF alerts
High impacting Stifel Financial Corporation news events
Weekly update
A roundup of the hottest topics
SF
News
- i3 Energy PLC Announces Partial Sale of the Company's Royalty Assets [Yahoo! Finance]Yahoo! Finance
- Transaction in Own Shares [Yahoo! Finance]Yahoo! Finance
- Transaction in Own Shares [Yahoo! Finance]Yahoo! Finance
- Analysts will likely boost Goldman Sachs' price target [Yahoo! Finance]Yahoo! Finance
- i3 Energy PLC Announces Result of GM, Approval of Share Capital Reduction [Yahoo! Finance]Yahoo! Finance
SF
Earnings
- 1/24/24 - Beat
SF
Sec Filings
- 4/12/24 - Form 4
- 4/10/24 - Form SC
- 3/28/24 - Form 8-K
- SF's page on the SEC website