Goldman shares fall on imperfect quarterly results. Here's our advice on the stock from here
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By Zev Fima
Published on April 13, 2026.
Goldman Sachs reported disappointing first-quarter results, sending shares down 2% and 4.5% due to renewed tensions with Iran. Despite these setbacks, Goldman's reasons for owning the stock remain intact. The company's Q1 revenue advanced 14.4% to $17.23 billion, surpassing the $16.97 billion expected by LSEG. Earnings per share (EPS) jumped 24.3% year over year to $18.55, beating analyst estimates of $15.9 billion. Despite the imperfect results, Goldman Sachs' CEO David Solomon remains optimistic about the bank's significant investment banking backlog and the potential for a rebound in the market. He also highlighted Goldman's dealmaking prowess at a time when the Trump administration is taking a more accommodative approach to mergers and the IPO market is thawing.
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