- EPS $4.10 vs $3.09 exp
- Revenue $9.13bn vs $7.98bn exp
- Investment banking rev +15% on Q2 2013 to $1.78bn
- Equity rev -13% on Q2 2013 at $1.61bn
- Fixed income, FX & comod rev $2.2bn -10% on Q2 2013
- Year on year sales growth +5.95%
Goldman’s Blankfein says that Q2 reflects good client activity in investment banking and a better environment for investing and lending
The better than expected numbers have boosted shares in the premarket up 2.5% to $171.20 but those falls in revenues from a year ago should be a concern.
Lower volatility from a year ago may have played a big part in the lower revenues, but if you can’t make money flogging these stock market moves then something must be up.
