Goldman Sachs Earnings, Revenue Beat in Q3


© Reuters. Goldman Sachs Earnings, Revenue Beat in Q3

biedex.com – Goldman Sachs (NYSE:) reported on Wednesday third quarter that beat analysts’ forecasts and revenue that topped expectations.

Goldman Sachs announced earnings per share of $9.68 on revenue of $10.78B. Analysts polled by biedex.com anticipated EPS of $5.45 on revenue of $9.32B.

Goldman Sachs shares are down 8% from the beginning of the year, still down 15.83% from its 52 week high of $250.46 set on January 17. They are under-performing the S&P Global (NYSE:) 100 which is up 7.92% from the start of the year.

Goldman Sachs follows other major Financial sector earnings this month

Goldman Sachs’s report follows an earnings beat by UnitedHealth on Wednesday, who reported EPS of $3.51 on revenue of $65.12B, compared to forecasts EPS of $3.09 on revenue of $63.77B.

JPMorgan had beat expectations on Tuesday with third quarter EPS of $2.92 on revenue of $29.94B, compared to forecast for EPS of $2.23 on revenue of $28.22B.

Stay up-to-date on all of the upcoming earnings reports by visiting biedex.com’s earnings calendar

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