Goldman Sachs Exceeds Forecasts in Improved Environment
Goldman Sachs reported solid growth in net income and earnings per share in the third quarter, citing a brightening economic backdrop.
- Earnings per share: $12.25, exceeding analysts' estimates of $11.10
- Net income: $4.10 billion, up 37% from last year, beating forecasts of $3.48 billion
"This quarter's results reflect the strength of our client franchise and focus on executing our strategic priorities in an improved market environment,"
CEO David Solomon stated, highlighting the company's performance across all major businesses.
Author's summary: Goldman Sachs exceeds forecasts with solid growth.