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Investing.com – Goldman Sachs (NYSE:) fell in premarket trade on Tuesday after the financial services giant reported a sharp drop in per share earnings and a decline in revenue in the third quarter.
- Goldman reported earnings per share of $4.79 versus $4.86 expected, according to Investing.com. That was down 24% on a year ago.
- Revenue for the third quarter slipped 6% on the year to $8.32 billion.
- Investment banking revenue tumbled 15% on the year to $1.69 billion, compared to estimates of $1.71 billion.
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