Goldman Sachs Surpasses Expectations with 45% Profit Surge in Q3 📈
Goldman Sachs reports a 45% jump in Q3 profits, beating estimates thanks to robust stock trading and investment banking performance. Discover the key highlights behind the impressive earnings growth.
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Goldman Sachs beat third-quarter profit and revenue estimates, driven by strong stock trading and investment banking results. Goldman Sachs exceeded analyst expectations for earnings per share and revenue in the third quarter, with profits soaring 45%. CEO David Solomon pointed to an improving environment as the Federal Reserve eased its tightening policy. JPMorgan Chase and Wells Fargo surpassed earnings estimates, driven by strong performance in their trading and investment banking divisions.
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Published
Oct 15, 2024
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