Goldman Sachs trumps forecasts in first quarter

(Source: Reuters)

Goldman Sachs has posted expectation defying results for the first quarter as revenues came in high at $10.09 bn ($9.65bn expected), as did earnings per share at $4.29 ($3.87 expected). Average compensation per employee rose to $403,281.

We saw JP Morgan beat forecasts yesterday and BlackRock did so too earlier today.