Goldman Q3 Earnings Beat on Higher IB Revenues & Lower Expenses
Goldman Sachs(GS) ZACKS·2024-10-16 01:15
The Goldman Sachs Group, Inc.’s (GS) third-quarter 2024 adjusted earnings per share of $8.40 surpassed the Zacks Consensus Estimate of $6.85. This compares favorably with $5.47 reported in the year-ago quarter.Find the latest earnings estimates and surprises on the Zacks Earnings Calendar.As expected, the investment banking (IB) business witnessed a solid growth. Equity underwriting fees jumped 25% and debt underwriting fees grew 45.8%. Also, advisory fees rose 5.3%. Overall, total IB fees were up 20% from ...