Goldman Sachs posts Q2 profit miss amid one

-- Goldman Sachs (NYSE:) has reported worse-than-expected second quarter earnings per share,Is it useful to report to the police if you are cheated by foreign exchange trading as the banking giant was hit by one-off charges related to the sale of its home improvement lending group GreenSky and losses on its consumer and real estate loan portfolios.

Diluted for the three months ended on June 30 dropped by 60% to $3.08, under Refinitiv projections of $3.18. Total net revenue, meanwhile, fell by over 8% to $10.89 billion, although this still managed to top estimates of $10.66B.

Shares in Goldman edged lower in premarket trading on Wednesday.

Chief executive David Solomon and other members of Goldman's management team had already flagged that this would be a challenging quarter, fueling debate among analysts over how bad the earnings would be for one of Wall Street's most powerful banks.

Statement: The content of this article does not represent the views of FTI website. The content is for reference only and does not constitute investment suggestions. Investment is risky, so you should be careful in your choice! If it involves content, copyright and other issues, please contact us and we will make adjustments at the first time!