Goldman Sachs Surpasses Expectations with Strong Q3 Earnings 💰
Goldman Sachs reports impressive Q3 results, with earnings per share of $5.47 and revenue of $11.82 billion, beating analyst forecasts. Discover the key highlights!
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Goldman Sachs reported third-quarter earnings per share of $5.47, topping analyst estimates of $5.31. Revenue was $11.82 billion, beating estimates of $11.19 billion. Bond trading revenue fell 6% to $3.38 billion but was stronger than expected, and equities trading revenue rose 8% to $2.96 billion. CEO David Solomon noted an expected recovery in capital markets and strategic activity if market conditions remain supportive. Goldman Sachs shares dipped 1% following the earnings release.
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Oct 18, 2023
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