Goldman Sachs blows away earnings expectations

Goldman Sachs blows away earnings expectations

Jan 16,2024
New York CNN  — 

Goldman Sachs had a very good fourth quarter.

The company announced Tuesday morning that it had brought in about $11.3 billion in revenue, while earnings per share came in at $5.48 in the final months of the year.

Those numbers blew away Wall Street expectations. Analysts surveyed by FactSet had expected revenue of $10.8 billion and earnings per share of $3.62.

Goldman’s profit also increased by about 51% from a year ago, to just over $2 billion.

Shares of the Investment bank were trading about 0.6% higher in premarket trading.

This story is developing and will be updated.

Maybe You Like

London Stock Exchange urged to do more to hold onto retail traders

The UK stock market needs to improve investor communication and engagement in order to retain its individual traders, according to a report from online trade and investor provider CMC Markets. ADVERTISEMENTUK retail investors are increasingly...

Hargreaves Lansdown rejects private equity takeover bid

The UK investment platform says the offer from a group including the Abu Dhabi Investment Authority undervalues the firm. ADVERTISEMENTHargreaves Lansdown has rebuffed a takeover proposal worth £4.67 billion (€5.48 billion) made...

Ferrovial set to offload UK regional airports amid Heathrow deal uncertainty

Ferrovial is planning to sell its stake in three UK regional airports amid difficulties in finalising its £2.4bn sale of a 25% stake in Heathrow. ADVERTISEMENTSpanish infrastructure company Ferrovial is reportedly putting up for sale...

Latest Added Hyip programs

allurefinance.net (allurefinance.net)
Added: Jul 26,2024
(68)
best-money.rest (best-money.rest)
Added: Jul 26,2024
(94)
Yatez (yatez.org)
Added: Jul 26,2024
(20)
misatro.com (misatro.com)
Added: Jul 26,2024
(97)
superpaying.autos (superpaying.autos)
Added: Jul 26,2024
(44)
Mine Tron X (minetronx.net)
Added: Jul 26,2024
(28)
freecoins.one (freecoins.one)
Added: Jul 25,2024
(115)
Ben-Hour (ben-hour.cfd)
Added: Jul 25,2024
(127)