NEW YORK (AP) — NEW YORK (AP) — Goldman Sachs Group Inc. (GS) on Wednesday reported second-quarter profit of $1.22 billion.
The company, based in New York, said it had earnings of $3.08 per share.
The results missed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $3.25 per share.
The investment bank posted revenue of $26.05 billion in the period. Its revenue net of interest expense was $10.9 billion, surpassing Street forecasts. Four analysts surveyed by Zacks expected $10.79 billion.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GS at https://www.zacks.com/ap/GS