Goldman Sachs misses on expectations with $6.86B in 3Q

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The Dow (^DJI) plunged 2.32%, or 602.12 points, as Goldman Sachs (GS) and Apple (AAPL. as results rolled in – companies that missed expectations got hammered. Especially when it came to revenue.

NEW YORK (AP) – Despite the usual lull in activity, Wall Street’s biggest names had a pretty good summer. The leading U.S. investment banks – Goldman Sachs and Morgan Stanley – each reported third quarter profits that beat analysts’ expectations Tuesday, helped by strong performance in their trading operations and better-than-expected revenue from stock underwriting.

Goldman Sachs misses on expectations with $6.86B in 3Q Hospital shares sink as Community predicts 3Q earnings miss. Community’s earnings preview came a week after HCA Holdings Inc. also said it would miss expectations for the quarter and that it.

 · "At $26.85, 3Q 2013 EPS is on track to establish a new quarterly and trailing four-quarter high," says Goldman Sachs strategist Amanda Sneider. "Trailing four-quarter EPS totals $102.13.

 · The market is looking undeniably choppy right now but Goldman Sachs is staying upbeat about stocks to buy. “We see limited further downside,” David Kostin, chief U.S. equity strategist, said.

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Goldman Sachs Reports Strong Earnings on Solid Investing and. – goldman sachs group, Inc. (NYSE:GS) reported 3Q12 EPS this morning of $2.85, modestly beating the street-high .75 estimate. The roughly $600 million top-line beat came from investing and lending primarily (dominated by equity securities marks in that segment), and secondarily in institutional client services (with slight beats in FICC and equities).

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 · Goldman Sachs chief executive Lloyd Blankfein and COO Gary Cohn. Goldman Sachs just reported earningsand missed on the top and bottom lines..

Goldman Sachs misses, cites ‘mixed’ environment. That’s below analyst expectations. Analysts had been expecting adjusted earnings of $5.33 a share on revenue of $8.32 billion. The results are striking, as JPMorgan, Citigroup, Wells Fargo, and Bank of America all reported earnings ahead of analyst estimates.

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Goldman Sachs Group (GS) reported net revenues of $6.86 billion and net earnings of $1.43 billion for the third quarter ended September 30, 2015, missing expectations.