Goldman Sachs: Yes, But Is It Sustainable?
April 16, 2015 at 10:12 AM EDT
Goldman Sachs (GS) reported very, well, Goldman Sachs-like earnings today. I wasn’t enough for investors, however. EUROPEAN PRESSPHOTO/AGENCY The investment-banking reported a profit of $5.94 cents a share, easily topping forecasts for $4.26. Shares of Goldman Sachs, however, have dropped 1.1% to $198.99 at 10:09 a.m. JMP’s Devin Ryan wonders if the results are sustainable: 15% [...]