Goldman Sachs Announces Sale Of Greensky To Sixth Street-Led Consortium; Transaction Expected To Result In Negative $0.19 EPS Impact On Co's Q3 2023 Results
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs has announced the sale of Greensky to a consortium led by Sixth Street. The transaction is expected to result in a negative $0.19 EPS impact on Goldman Sachs' Q3 2023 results.
October 11, 2023 | 6:41 pm
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NEGATIVE IMPACT
The sale of Greensky by Goldman Sachs to a Sixth Street-led consortium is expected to negatively impact the company's Q3 2023 EPS by $0.19.
The sale of Greensky is a significant transaction for Goldman Sachs, and the expected negative impact on the company's Q3 2023 EPS indicates that the deal could potentially affect the company's profitability in the short term. This could lead to a negative reaction from the market, potentially driving the company's stock price down.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100