Goldman Misses Estimates on Bigger Trading Drop Than Rivals

Updated on
  • Fixed-income trading revenue falls 34 percent amid volatility
  • Revenue drops below $7 billion for first time in two years

Inside Goldman's Disappointing Earnings Report

Goldman Sachs Group Inc. reported profit that missed analysts’ estimates for the first time in four years as global market turmoil took a bigger toll on its trading revenue than at rivals.

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