Goldman Sachs Q4 EPS $8.20

Quote from dhpar:

nice - so they trade at P/E = 5. i guess this market is so expensive... :cool:
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More serious question is, how could the other IB's underestimate GS earnings that badly ? Bonus curtailing ? I mean, 4.95 bn net income on net revenue of 9.62 is UN BE LIE VA BLE. Glorious day for Blankfein & Co.
 
They really had a hard time beating those estimates. Their earnings show there is no such thing as a recession or unemployment at 10%.
 
Quote from Dogfish:

May have been the last hurrah before Obama slaps them on the wrist for doing prop trading later today
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so what - they will move prop trading offshore and stop paying taxes in US (maybe in China? - LOL). that would be like obama pissing in his face...:D
 
Quote from S2007S:

They really had a hard time beating those estimates. Their earnings show there is no such thing as a recession or unemployment at 10%.
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It simply shows mega weak competitors !
 
Quote from S2007S:

They really had a hard time beating those estimates. Their earnings show there is no such thing as a recession or unemployment at 10%.
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Not for one of the minion banks of the central bankers! :eek:
 
In the fourth quarter, compensation previously accrued was reduced to fund a charitable contribution to Goldman Sachs Gives, the firm’s donor-advised fund, which is reflected in the negative compensation and benefits expenses of $519 million for the quarter. This contribution of $500 million was part of total commitments to charitable and small business initiatives during the year in excess of $1 billion.
 
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