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Goldman Sachs reported strong first-quarter earnings, with a net income of $14.21 billion, beating expectations. The stock soared 3.6% as revenue reached $14.21 billion, surpassing estimates. Analysts expected revenue of $12.93 billion and EPS of $8.64, but the actual EPS was $11.58. Charles Schwab also reported earnings, with revenue of $4.74 billion and EPS of $0.74, both beating expectations. The week saw major earnings releases from companies like United Airlines, Bank of America, and Morgan Stanley.
BNY Mellon quarterly results top Wall St estimates on higher services fees https://t.co/M6oLOgs86F https://t.co/67OC1zSxPN
⚠️ NORTHERN TRUST PROFIT FALLS ON HIT FROM DEBT INVESTMENT SALE Full Story → https://t.co/beAhhxfGfz Asset and wealth manager Northern Trust posted a 38% fall in first-quarter profit on Tuesday as a loss on the sale of some debt investments offset gains from higher fee income…
Bank of America $BAC shares are slightly in the green this morning after their Q1 earnings report. Both earnings and revenue surpassed estimates, but revenue did decline slightly YoY. #stocks #stockmarket