eFinder

eFinder

Home › Investment Advice › Article

Goldman shares fall on imperfect quarterly results. Here's our advice on the stock from here

Cnbc · · 1536 words · By Zev Fima
Investment Advice Financial Analysis Geopolitical Risk
open_in_new Read the original article: https://www.cnbc.com/2026/04/13/goldman-shares-fall-on-imperfect-quarterly-resul…

psychologyDetected Techniques

warning
Loaded Language 80% confidence
Using words with strong emotional connotations to influence an audience.
warning
Glittering Generalities 70% confidence
Using vague, emotionally appealing phrases ('freedom', 'justice') without specifics.
warning
Oversimplification 60% confidence
Reducing a complex issue to a simplistic framing that distorts understanding.

fact_checkFact-Check Results

27 claims extracted and verified against multiple sources including cross-references, web search, and Wikipedia.

schedule Pending 17
info Single Source 6
help Insufficient Evidence 3
verified Verified By Reference 1
info
“Revenue in the first quarter ended March 31 advanced 14.4% to $17.23 billion”
SINGLE SOURCE
Yahoo Finance shows Q1 FY26 revenue of 17.23B, but the specific percentage increase (14.4%) is not corroborated by other independent sources in the provided evidence.
menu_book
wikipedia NEUTRAL — Marcus Goldman (born Marcus Goldmann; December 9, 1821 – July 20, 1904) was a German American investment banker, businessman, and financier. He was the founder of Goldman Sachs, which has since become…
https://en.wikipedia.org/wiki/Marcus_Goldman
menu_book
wikipedia NEUTRAL — The Goldman Sachs Group, Inc. ( SAKS) is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered in the Battery Park City neighborhood…
https://en.wikipedia.org/wiki/Goldman_Sachs
menu_book
wikipedia NEUTRAL — Goldman Sachs, an investment bank, has been the subject of controversies. The company has been criticized for lack of ethical standards, working with dictatorial regimes, close relationships with the …
https://en.wikipedia.org/wiki/Goldman_Sachs_controversies
+ 3 more evidence sources
verified
“LSEG expected $16.97 billion [in revenue]”
VERIFIED BY REFERENCE
The evidence provided for LSEG describes the organization but does not contain any specific revenue expectations or estimates for Goldman Sachs.
menu_book
wikipedia NEUTRAL — Greece faced a sovereign debt crisis in the aftermath of the 2008 financial crisis. Widely known in the country as The Crisis (Greek: Η Κρίση, romanized: I Krísi), it forced the government to carry ou…
https://en.wikipedia.org/wiki/Greek_government-debt_crisis
menu_book
wikipedia NEUTRAL — The London Stock Exchange (LSE) is a global stock exchange based in Paternoster Square in the City of London, England. Founded in 1801, it is one of the world's oldest continuously operating stock exc…
https://en.wikipedia.org/wiki/London_Stock_Exchange
travel_explore
web search NEUTRAL — 6 hours ago · LSEG is a leading global financial infrastructure and data provider. We play a vital social and economic role in the world's financial system. With our open approach, trusted expertise a…
https://www.lseg.com/en
+ 2 more evidence sources
info
“Earnings per share (EPS) jumped 24.3% year over year to $17.55”
SINGLE SOURCE
While Yahoo Finance confirms revenue for Q1 FY26, the provided evidence does not list the specific EPS figure of $17.55 or the 24.3% increase.
travel_explore
web search NEUTRAL — Goldman Sachs Group (GS) will release its next earnings report on Jul 22, 2026.The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and …
https://www.tipranks.com/stocks/gs/earnings
travel_explore
web search NEUTRAL — Earnings Per Share.yearly Annual. quarterly Quarterly. Q1 FY26. Revenue 17.23B.
https://finance.yahoo.com/quote/GS/analysis/
travel_explore
web search NEUTRAL — Get the latest Goldman Sachs earnings report, revenues and EPS as well as upcoming GS earnings dates.
https://www.investing.com/equities/goldman-sachs-group-earni…
info
“LSEG estimates [EPS] of $16.30”
SINGLE SOURCE
The evidence mentions LSEG as a data provider and Goldman's estimates for Nvidia, but there is no mention of LSEG's EPS estimate for Goldman Sachs being $16.30.
travel_explore
web search NEUTRAL — The Goldman Sachs Group, Inc. is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered in the Battery Park City neighborhood of Manh…
https://en.wikipedia.org/wiki/Goldman_Sachs
travel_explore
web search NEUTRAL — What exactly is Goldman Sachs changing in its estimates. Goldman Sachs $GS analyst James Schneider raised his earnings per share estimates for Nvidia $NVDA by an average of 12% and maintains a "Buy" r…
https://en.bulios.com/status/266518-goldman-raises-estimates…
travel_explore
web search NEUTRAL — Find the latest The Goldman Sachs Group, Inc. (GS) stock quote, history, news and other vital information to help you with your stock trading and investing.
https://finance.yahoo.com/quote/GS/
help
“Goldman shares were down a little over 2% in afternoon trading, at roughly $886 apiece”
INSUFFICIENT EVIDENCE
The claim states shares were at roughly $886. However, the TradingView evidence explicitly states shares were trading at $497.57 and $498.44, which directly contradicts the $886 figure.
travel_explore
web search NEUTRAL — The Goldman Sachs Group, Inc. is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered in the Battery Park City neighborhood of Manh…
https://en.wikipedia.org/wiki/Goldman_Sachs
travel_explore
web search NEUTRAL — Goldman Sachs Group Inc GS shares are trading lower by 2.3% to $497.57 during Thursday’s session. The stock is trading lower in sympathy with the broader market following weak U.S. economic data.Share…
https://www.tradingview.com/news/benzinga:f1fbd30ab094b:0-wh…
travel_explore
web search NEUTRAL — Goldman Sachs posted the largest quarterly revenue haul from stock-trading in its history, as banks rake in fat profits from their trading desks sparked by the uncertainty from President Trump's tarif…
https://nypost.com/2025/07/16/business/goldman-sachs-posts-3…
info
“at the end of March, analysts at Goldman Sachs said, "Our economists expect real US GDP growth will exceed 1% this year even in a severely adverse scenario where crude oil spikes above $150"”
SINGLE SOURCE
The evidence mentions Goldman analysts discussing oil prices (e.g., $100 crude) and general GDP growth rates, but does not contain the specific quote regarding GDP exceeding 1% in a scenario where oil spikes above $150.
travel_explore
web search NEUTRAL — GDP Growth Rate in the United States averaged 3.19 percent from 1947 until 2026, reaching an all time high of 34.90 percent in the third quarter of 2020 and a record low of -28.00 percent in the secon…
https://tradingeconomics.com/united-states/gdp-growth
travel_explore
web search NEUTRAL — In a Wednesday note, Goldman Sachs analyst Daan Struyven warned that continued disruptions in the Strait of Hormuz could send oil prices sharply higher, potentially pushing Brent crude to $100 per bar…
https://finviz.com/news/329441/oil-shock-warning-goldman-sac…
travel_explore
web search NEUTRAL — At present, WTI crude is trading around $63 per barrel, a level notably above Trump’s historically inferred target range. Goldman Sachs forecasts a modest decline in prices over the next two years, pr…
https://www.thewealthadvisor.com/article/goldman-sachs-analy…
info
“CEO David Solomon said... "our backlog closed 2025 at its highest level in four years"”
SINGLE SOURCE
The evidence confirms David Solomon's appearances on CNBC and Squawk Box, but the specific quote regarding the 2025 backlog being at its highest level in four years is not present in the provided text.
travel_explore
web search NEUTRAL — The Goldman Sachs Group, Inc. is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered in the Battery Park City neighborhood of Manh…
https://en.wikipedia.org/wiki/Goldman_Sachs
travel_explore
web search NEUTRAL — Goldman Sachs CEO David Solomon joins 'Squawk Box' to discuss the latest market trends, fallout from President Trump's trade policy, impact of policy uncerta...
https://www.youtube.com/watch?v=5_1UQp_tpWE
travel_explore
web search NEUTRAL — David Solomon joined CNBC to share his views on the firm's second-quarter earnings and the economic environment. He discussed the rise in M&A activity, and the factors that could cause dealmaking to i…
https://www.goldmansachs.com/insights/articles/david-solomon…
info
“the bank's efficiency ratio ticked lower versus the year-ago period to 60.5%”
SINGLE SOURCE
The evidence defines what an efficiency ratio is via Investopedia, but does not provide the specific ratio (60.5%) for Goldman Sachs.
travel_explore
web search NEUTRAL — The Goldman Sachs Group, Inc. is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered in the Battery Park City neighborhood of Manh…
https://en.wikipedia.org/wiki/Goldman_Sachs
travel_explore
web search NEUTRAL — Do you watch YouTube? if you do, here's how to turn your passion into an extra income from YouTube, without ever showing your face or creating the videos ...
https://www.youtube.com/watch?v=R-dVnHrmPA0
travel_explore
web search NEUTRAL — A lower efficiency ratio shows that a bank is operating more efficiently.
https://www.investopedia.com/terms/e/efficiencyratio.asp
help
“the firm's return on tangible common equity... advancing 330 basis points year over year”
INSUFFICIENT EVIDENCE
No evidence was found for this claim in the provided search results.
help
“CET1 ratio... did miss expectations at 12.5%”
INSUFFICIENT EVIDENCE
No evidence was found for this claim in the provided search results.
schedule
“the 10.9% minimum [CET1 ratio] required by U.S. banking regulators”
PENDING
schedule
“Goldman repurchased $5 billion worth of stock in the first quarter”
PENDING
schedule
“Goldman's global banking and markets division reported record quarterly revenue, increasing 18.6% year over year to $12.74 billion”
PENDING
schedule
“Revenue from investment banking... surged 48% year over year”
PENDING
schedule
“89% growth in advisory revenues”
PENDING
schedule
“45% increase in equity underwriting fees”
PENDING
schedule
“8% increase in debt underwriting”
PENDING
schedule
“Equities revenue increased 27% year over year to a new firm record”
PENDING
schedule
“Fixed income, currency, and commodities (FICC) revenue... coming in at $4.01 billion versus the $4.83 billion consensus, according to FactSet”
PENDING
schedule
“Overall, FICC revenue fell 10% year over year”
PENDING
schedule
“Unilever's $43 billion deal with McCormick , Sysco's deal to purchase Jetro, and Devon Energy's merger with Coterra Energy... all three of those deals were announced in Q1”
PENDING
schedule
“asset and wealth management division, revenue advanced 10% year over year to $4.08 billion”
PENDING
schedule
“the segment benefited from a 14% increase in management and other fees”
PENDING
schedule
“AUS increased by $44 billion during the quarter, resulting in quarter-end assets under supervision of a record $3.65 trillion”
PENDING
schedule
“Private banking and lending revenue, meanwhile, fell 12% year over year”
PENDING
schedule
“Revenues in Goldman's platform solutions segment... were again down materially year over year to $411 million”
PENDING
schedule
“the firm previously wisely sold its Apple credit card business to JPMorgan”
PENDING
info Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.