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Goldman Sachs (GS) Stock Falling Despite Q2 Earnings Beat

NEW YORK (TheStreet) -- Shares of Goldman Sachs (GS) are down 0.36% to $162.75 in pre-market trade this morning despite the company reporting a 2016 second quarter earnings and revenue beat.

The New York-based banking giant reported earnings of $3.72 per share on revenue of $7.93 billion.

Analysts surveyed by Thomson Reuters were looking for earnings of $3 per share on revenue of $7.58 billion. For the second quarter of 2015, the company had earnings of $1.98 per share on revenue of $9.07 billion.

The markets may be unpredictable, but Jim Cramer...


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