BOSTON ( TheStreet) -- Goldman Sachs ( GS) was among the losers of the financial sector Tuesday after the investment bank reported second-quarter results, which exceeded estimates on the bottom line but fell short of revenue expectations.Goldman Sachs posted a second-quarter adjusted profit of $2.75 a share, which excludes charges related to the U.K. bank tax and the settlement with the Securities and Exchange Commission. Including those charges, earnings were 78 cents a share, Goldman said. Net revenue fell to $8.84 billion from $13.7 billion a year earlier, below the $8.94 billion consensus target. Goldman said that net revenue from investment banking fell 23% from the first quarter, while net revenue from trading and principal investments dropped 36% from the first quarter of 2010.
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