Goldman Sachs Exceeds Forecasts
Goldman Sachs reported solid growth in net income and earnings per share in the third quarter, citing an improved economic backdrop.
The company's earnings per share rose to $12.25, exceeding analysts' estimates of $11.10. Net income was $4.10 billion, up 37% from the same period last year and 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 said. The company saw growth in all its major businesses amid the improved market environment.
- Earnings per share: $12.25
- Net income: $4.10 billion, up 37% from last year
Author's summary: Goldman Sachs exceeds forecasts with solid growth.
More News
- Ryan Kiera Armstrong Shares Hope for The Lowdown Season 2
- JCPS withdraws proposal to shift school start times by 20 minutes
- JCPS Withdraws Proposal for Adjusted School Start Times Amid Budget Concerns
- JCPS hosting feedback sessions
- When do Louisville schools close for 2025-26 winter break
- The Good, Bad, and Ugly From Colts' Heartbreaking Loss to Texans
- B.J. Armstrong on Michael Jordan's Greatness
- Popular Father-Daughter Martial Arts Duo in Springfield
- Jackson County Schools Closed Nov. 25 Over Cybersecurity Issues