Goldman Sachs handily beat Wall Street expectations when it reported first quarter results Monday, despite a drop in advisory revenue. CEO David Solomon also expressed worries about “material risks for the U.S. and global economy” created by President Trump’s trade war.
Goldman said Monday that Q1 net earnings rose 15% to $4.74 billion compared to $4.1 billion for the same period in 2024. The bank posted diluted earnings per share of $14.12, roughly 15% more than Wall Street’s consensus estimate of $12.31 a share.
