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Actionable news in GS: GOLDMAN SACHS GROUP Inc,

Goldman Sachs (GS) Stock Takes a Blow, Earnings Below Estimates, Jim Cramer's View

NEW YORK (TheStreet) -- Goldman Sachs Group (GS - Get Report) shares are slumping 1.29% to $177.20 in early morning trading after the New York-based investment banking company released its third quarter fiscal 2015 earnings results that missed analysts' forecasts.

For the latest quarter ended September 30, the company earned $2.90 a share, falling short of analysts' estimates of $2.91 a share.

Revenue came in a $6.86 billion, while analysts had forecast the company to rake in revenue of $7.13 billion.

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In the same period the year before, the company earned $4.57 a share on revenue of $8.39 billion.

TheStreet's Jim Cramer, Portfolio Manager of...