Goldman Sachs Beats Estimates with Strong Trading Revenue
Goldman Sachs reported fourth-quarter earnings that beat expectations, driven by stronger-than-expected trading revenue. Earnings per share rose 45% to $11.95, surpassing the LSEG estimate of $8.22. Revenue grew 23% to $13.87 billion, largely due to increased equities and fixed income trading revenue. Equities trading generated $3.45 billion, exceeding the StreetAccount estimate by nearly half a … Read more