Some of functionality may not work while you disabled JavaScript. Enable JavaScript for better User Exprience.
Access here alternative investment news about Goldman Sachs 3q Earnings Beat Estimates
Private Equity

Goldman Sachs 3q Earnings Beat Estimates

by posted 1year ago 53 views
Investment banking beat expectations, fueled by initial public offerings in its equities capital markets business. : Goldman Sachs beat analysts' expectations for third-quarter profit on strength in all of its major businesses apart from trading. The bank on Tuesday reported earnings per share of $6.28, exceeding the $5.38 estimate by analysts surveyed by Refinitiv and higher than the $5.02 a year earlier. Revenue of $8.65 billion exceeded the $8.4 billion estimate on better-than-expected results in the firm's investment banking, investing and lending and investment management divisions. The company's shares rose 1.5 percent in premarket trading.