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Goldman Sachs Group Inc. said Wednesday it has agreed to sell its GreenSky consumer-lending unit in a transaction that will impact its third-quarter earnings by 19 cents a share.
Goldman Sachs chief executive David Solomon said this week's blockbuster initial public offering from ARM Holdings could create a “virtuous cycle” of bringing more pent-up backlog to Wall Street.
Goldman Sachs (NYSE:GS) faces a significant writedown on its investment in GreenSky as it seeks buyers for the fintech lender, CNBC reported on Friday.  Its shares fell 1.5% to $314.88 shortly after
Synchrony Financial SYF, -1.07%, KKR & Co. KKR, -2.54%, Apollo Global Management APO, -1.28%, Sixth Street Partners and Warburg Pincus have bid on the installment loan business of Goldman Sachs Group
Goldman Sachs is likely to take a large writedown for its $2.2 billion acquisition of fintech lender GreenSky after seeking to divest the business it bought in 2021, CNBC reported on Friday, citing pe
The turbulence marks the latest fallout from CEO David Solomon's decision to exit most of Goldman's consumer efforts.
Goldman Sachs is exploring strategic alternatives for its consumer arm and FinTech unit GreenSky as it scales down its retail ambitions. Among the firms that submitted initial bids for the installment

Goldman Sachs Says Exploring Sale of GreenSky

10:20am, Tuesday, 18'th Apr 2023
Goldman bought GreenSky for about $2.24 billion in late 2021.
Goldman Sachs Group Inc. disclosed losses for its platform solutions unit which houses some of its consumer-focused banking businesses for credit cards and lending, amid a build-up of loan loss reserv
In a push to strengthen its consumer banking business, Goldman Sachs (GS) acquires GreenSky in an all-stock deal.

GreenSky (NASDAQ:GSKY) Shares Gap Down to $11.76

09:30am, Wednesday, 22'nd Dec 2021 ETF Daily News
GreenSky, Inc. (NASDAQ:GSKY)s stock price gapped down before the market opened on Monday . The stock had previously closed at $11.76, but opened at $11.07. GreenSky shares last traded at $10.92, with a volume of 9,445 shares traded. Several research firms have recently issued reports on GSKY. Citigroup boosted their price objective on shares of [] The post GreenSky (NASDAQ:GSKY) Shares Gap Down to $11.76 appeared first on ETF Daily News .

$0.08 EPS Expected for GreenSky, Inc. (NASDAQ:GSKY) This Quarter

07:24pm, Wednesday, 15'th Dec 2021 Transcript Daily
Wall Street analysts expect GreenSky, Inc. (NASDAQ:GSKY) to report earnings of $0.08 per share for the current quarter, according to Zacks Investment Research. Three analysts have issued estimates for GreenSkys earnings, with estimates ranging from $0.05 to $0.10. GreenSky posted earnings of $0.11 per share during the same quarter last year, which suggests a negative []

GreenSky (NASDAQ:GSKY) Sees Large Volume Increase

04:44pm, Wednesday, 15'th Dec 2021 Transcript Daily
Shares of GreenSky, Inc. (NASDAQ:GSKY) saw strong trading volume on Wednesday . 62,798 shares were traded during mid-day trading, a decline of 95% from the previous session’s volume of 1,372,004 shares.The stock last traded at $11.35 and had previously closed at $11.63. Several equities research analysts have recently weighed in on the stock. Citigroup boosted […]
Arcus Capital Partners LLC lessened its stake in GreenSky, Inc. (NASDAQ:GSKY) by 46.1% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 42,000 shares of the companys stock after selling 35,921 shares during the quarter. Arcus Capital Partners LLCs holdings in GreenSky were worth $470,000 at the end of the most recent reporting period. []
Wall Street analysts expect that GreenSky, Inc. (NASDAQ:GSKY) will announce $135.81 million in sales for the current fiscal quarter, according to Zacks Investment Research. Three analysts have issued estimates for GreenSkys earnings, with estimates ranging from $132.99 million to $139.95 million. GreenSky posted sales of $128.81 million during the same quarter last year, which suggests []
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