Tag: profit

Goldman Sachs Shatters Investors’ Estimates, Posts Impressive Profit

Goldman Sachs reported fourth-quarter earnings of $12.08 per share, beating analysts’ forecasts of $7.47 per share. Revenue went $1.75 billion above estimates, majorly contributed by investment banking and equity trading.

Bank of America Tops Fourth-Quarter Profit Estimates

Bank of America released fourth-quarter earnings Tuesday exceeding analysts’ estimates for profit while revenue fell short. The bank has pledged to buyback $2.9 billion worth of shares this quarter. Shares fell 1.4% to $32.55 in pre-market trading.

JPMorgan Chase Profit Rockets 42% For Fourth Quarter

JPMorgan Chase reported a record profit of $12.14 billion or $3.79 per share for the fourth quarter, going above analysts’ expectations of $2.62 per share. Revenues surge led by investment banking and trading divisions.

Citigroup Surpasses Profit Forecasts For Fourth-Quarter, Misses Revenue

Citigroup released fourth-quarter results Friday reporting profit higher than analysts predicted while revenues were below expectations. Shares fell by 4% to $66.11 after the results.

High-tech stocks with a strong sense of overpriced, investors worried about whether to buy or take profit

High-tech stock .SPLRCT, which has led the market rebound from the bottom in March, has been sluggish recently, and its performance by sector in September remained in the lowest class. The rate of decline from the latest high on September 2 is about 8%, which is larger than about...