MW: Goldman swings to a profit, tops analyst estimates
By Greg Morcroft
NEW YORK (MarketWatch) -- Goldman Sachs Group Inc. (GS 168.63, +0.84, +0.50%) said on Thursday that its fourth-quarter net income was $4.95 billion, or $8.20 a share. Revenue for the quarter was $9.62 billion. Analysts polled by Thomson Reuters had expected the firm to earn $5.20 a share, on $9.65 billion of revenue. In the year-ago quarter, which ended in November 2008, Goldman lost $2.12 billion, or $4.97 a share. Goldman last year switched from a fiscal year end of November, to a calendar based reporting schedule where its fourth quarter ends in December.
