Tuesday, October 16, 2018

Goldman Sachs Q3 Profit Tops Estimates; Revenue Up 4%

The Goldman Sachs Group, Inc. (GS) reported earnings per common share of $6.28 for the third quarter of 2018 compared to $5.02 for the third quarter of 2017. On average, 22 analysts polled by Thomson Reuters expected the company to report profit per share of $5.38 for the quarter. Analysts' estimates typically exclude special items. Net earnings applicable to common shareholders rose 21% year-over-year to $2.45 billion.

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