New York  - US investment bank Goldman Sachs reported Tuesday that its second-quarter earnings came to 2.05 billion dollars, down 10 per cent year-on-year, but a figure surpassing most analysts' expectations.

The net gains came on revenues of 9.42 billion dollars, down 7 per cent from the second quarter last year, the New York-based company, the largest US investment bank, reported.

Goldman Sachs' black-ink results compare with the 2.8 billion dollars in losses reported Monday by Lehman Brothers for the second quarter ending May 31.

In this week of investment bank reports, third-biggest Morgan Stanley is due to issue its second-quarter figures. (dpa)