Goldman Sachs soundly beats third quarter forecasts
Goldman Sachs Group Inc.
$403.11
10:59 18/04/24
-0.20%
-$0.80
Wall Street banking giant Goldman Sachs beat analysts' forecasts for its third quarter earnings on the back of a stronger-than-expected performance from its investment banking arm.
Dow Jones I.A.
37,753.31
04:30 15/10/20
n/a
n/a
Goldman posted earnings per share of $6.28 for the three months to September, which was far ahead of the $5.38 consensus estimate.
The lender also beat on its top line, posting quarterly sales of $8.65bn, besting the median estimate from analysts for $8.4bn.
As of 1246 BST, shares of Goldman were changing hands 1.06% higher at $217.50.
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