Goldman Sachs Misses Q1 Net Revenue Estimates

Goldman Sachs Misses Q1 Net Revenue Estimates

Assessment

Interactive Video

Business

University

Hard

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was one of the reasons Goldman Sachs' net revenue missed analysts' estimates?

Sale of a part of their Marcus loan book

Expansion into new markets

Increase in operating expenses

Higher tax rates

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did Goldman Sachs perform in terms of earnings per share?

They exceeded expectations

They met expectations

They missed expectations

They did not report earnings per share

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the fixed income revenue reported by Goldman Sachs?

$3.9 billion

$4.5 billion

$4.2 billion

$3.5 billion

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which banks exceeded expectations in fixed income revenue?

JPMorgan and Wells Fargo

Goldman Sachs and Citigroup

Citigroup and Wells Fargo

Bank of America and JPMorgan

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What strategic shift is Goldman Sachs making according to the final section?

Focusing more on consumer banking

Increasing their loan portfolio

Expanding into international markets

Shifting towards asset and wealth management