Goldman Sachs Earnings, Revenue beat in Q4 By Investing.com
Goldman Sachs (NYSE:GS) reported on Tuesday fourth quarter earnings that beat analysts’ forecasts and revenue that topped expectations.
Goldman Sachs announced earnings per share of $12.08 on revenue of $11.74B. Analysts polled by Investing.com anticipated EPS of $7.33 on revenue of $9.88B.
Goldman Sachs shares are up 14% from the beginning of the year and are trading at $304.45 , down-from-52-week-high.They are outperforming the Dow Jones which is up 0.68% from the start of the year.
Goldman Sachs shares gained 1.14% in pre-market trade the report.
Goldman Sachs follows other major Financial sector earnings this month
Goldman Sachs’s report follows an earnings beat by JPMorgan on Friday, who reported EPS of $3.79 on revenue of $30.16B, compared to forecasts EPS of $2.62 on revenue of $28.67B.
Bank of America had beat expectations on Tuesday with fourth quarter EPS of $0.59 on revenue of $20.10B, compared to forecast for EPS of $0.5474 on revenue of $20.56B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar