NEW YORK (Reuters) - Goldman Sachs Group Inc's <GS.N> profit fell short of lowered market expectations as fixed income trading revenue dropped sharply.
The biggest U.S. investment bank by assets earned $1.05 billion, or $1.85 per share, more than double the $453 million, or 78 cents per share, of a year earlier, Goldman said on Tuesday.
Analysts, on average, had forecast earnings of $2.27 per share on revenue of $8.1 billion, according to Thomson Reuters
Below are analysts comments on the results:
KEITH DAVIS, BANK ANALYST AND PRINCIPAL AT MONEY MANAGER FARR, MILLER & WASHINGTON IN WASHINGTON, DC: