RTTNews | Jan 18, 2022 07:35AM EST

07:35 Tuesday, January 18, 2022 (RTTNews.com) - Goldman Sachs Group Inc. (GS) released a profit for fourth quarter that decreased from the same period last year and missed the Street estimates.

The company's earnings came in at $3.81 billion, or $10.81 per share. This compares with $4.36 billion, or $12.08 per share, in last year's fourth quarter.

Analysts on average had expected the company to earn $11.76 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 7.7% to $12.64 billion from $11.74 billion last year.

Goldman Sachs Group Inc. earnings at a glance:

-Earnings (Q4): $3.81 Bln. vs. $4.36 Bln. last year.-EPS (Q4): $10.81 vs. $12.08 last year.-Analyst Estimates: $11.76-Revenue (Q4): $12.64 Bln vs. $11.74 Bln last year.

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