homeWelcome, sign in or click here to subscribe.login
     


 

 

Business


Subscriber content preview

April 18, 2018

Tax cuts help push Goldman profits up 26%

By KEN SWEET
AP Business Writer

NEW YORK — Investment bank Goldman Sachs said Tuesday that its first quarter profits rose by 26 percent, helped by a lower tax bill and a surge in market volatility.

The Wall Street bank earned $2.83 billion, or $6.95 a share, compared with $2.26 billion, or $5.15 a share, in the same period a year earlier. The results topped analysts' forecasts, who were looking for Goldman to earn $5.58 a share, according to FactSet.


 
. . .


To read this story in full login or purchase a subscription.




Email or user name:
Password:
 
Forgot password? Click here.