Investing.com – Even though Goldman Sachs (NYSE:GS) reported second quarter earnings and revenue ahead of Tuesday’s opening bell that were higher than consensus, shares slipped in pre-market trade.
Specifically, Goldman Sachs said adjusted earnings per share (EPS) came in at $3.72 in the three months ended June 30, down from $4.75 a share a year earlier and above expectations for adjusted earnings of $3.04 a share.
The bank’s revenue totaled $7.93 billion in the April-to-June quarter, a 12.6% decline from the $9.07 billion reported in the same period in 2015, and above estimates for revenue of $7.58 billion.
Traders will now turn their attention to the bank’s conference call due to start at 9:30AM ET, or 13:30GMT.
Following the release of the report, shares in Goldman Sachs fell $1.33, or 0.81%, in pre-market trade to trade at $162.00, from Friday’s closing price of $163.33.
Meanwhile, U.S. equity markets pointed to a lower open, though blue-chip futures attempted to hold on to slight gains. The blue-chip Dow futures inched up 4 points, or 0.02%, by 11:44GMT, or 7:44AM ET, the S&P 500 futures lost 5 points, or 0.21%, while the tech-heavy Nasdaq 100 futures lost 11 points, or 0.24%.