Goldman Sachs Stock Edges Higher as Results Surpass Estimates
WFCWells Fargo(WFC) Investopedia·2024-10-15 22:35

Goldman Sachs (GS) reported third-quarter earnings that were better than analysts expected Tuesday morning, continuing a stretch of strong big bank earnings kicked off last week by rivals JPMorgan Chase (JPM) and Wells Fargo (WFC). The shares edged higher in early trading after the firm reported $12.7 billion in total revenue, above the $11.82 billion Goldman reported a year ago and ahead of analysts' consensus as compiled by Visible Alpha. Net interest income (NII) came in at $2.62 billion, up from $1.55 ...