Goldman Sachs crushes analysts’ estimates on strong investment banking and trading results
Goldman Sachs posted third-quarter results on Friday that exceeded analysts’ expectations as investment banking revenue surged nearly 90% and the bank reaped record fees from equities financing. Here are the numbers: Earnings: $14.93 a share vs. $10.18 consensus estimate, according to Refinitiv. Revenue: $13.61 billion vs. $11.68 billion consensus estimate….
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