As the only one to post an earnings loss, the investment banking titan had some explaining to do. Perhaps the biggest news from this group is about perennial overachiever Goldman Sachs. All were up by 2% to 4% after announcing positive earnings numbers. Labour markets have softened somewhat, but job growth remains strong.”īank of America, Wells Fargo, Morgan Stanley and Citigroup also saw increased interest revenue drive earnings beats. “Consumer balance sheets remain healthy, and consumers are spending, albeit a little more slowly. economy continues to be resilient,” said CEO Jaime Dimon. JPMorgan saw 44% gains in net interest income, which offset its investment banking reductions. Revenue of $10.90 billion (versus $10.84 billion predicted). Goldman Sachs (GS/NYSE): Earnings per share of $3.08 (versus $3.18 predicted).Revenues of $19.44 billion (versus $19.29 billion predicted). Citigroup (C/NYSE): Earnings per share of $1.33 (versus $1.30 predicted).Revenues of $12.99 billion (versus $13.3 billion predicted). Morgan Stanley (MS/NYSE): Earnings per share of $1.24 (versus $1.15 predicted).Revenues of $20.53 billion (versus $20.12 billion predicted). Wells Fargo (WFC/NYSE): Earnings per share of $1.25 (versus $1.16 predicted).Revenue of $25.33 billion (versus $25.05 billion predicted). Bank of America (BAC/NYSE): Earnings per share of $0.88 (versus $0.84 predicted).

Revenue of $42.40 billion (versus $38.96 billion estimate). JPMorgan (JPM/NYSE): Earnings per share of $4.37 (versus $4.00 predicted).

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