Goldman Sachs Earnings Disappoint as Bond Trading Rev Tanks

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HFA Staff
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Goldman Sachs Group Inc (NYSE:GS) released its earnings numbers for the third quarter of 2013 this morning before the market opened. The company showed earnings of $2.88 per share for the three months period on revenue totaling $6.72 billion. On this morning’s pre-market shares in the investment bank fell by more than 3%, indicating the fall in revenue was extremely significant to investors. Analysts following the investment bank leading up to the announcement of these numbers were looking for EPS of around $2.45 by consensus. Revenue for the same period was expected to come in at $7.3 billion. In the…

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