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Baner Club > Blog > Business > Goldman Sachs surpasses forecasts for profitability
BusinessMarketing

Goldman Sachs surpasses forecasts for profitability

Goldman Sachs had a very good fourth quarter.

Last updated: 2024/01/16 at 1:20 PM
Published January 16, 2024
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The business said on Tuesday morning that its revenue for the last few months of the year was approximately $11.3 billion, and its earnings per share was $5.48.

The results exceeded the expectations of Wall Street. FactSet surveyed analysts, and they predicted $10.8 billion in revenue and $3.62 in earnings per share.

Goldman’s earnings reached just over $2 billion, up around 51% from the previous year.

This year, the investment bank with headquarters in New York concentrated on streamlining its approach and making investments in its wealth management and core asset divisions. With income up 23% from a year before, it seemed to be a successful plan.

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osama abdullah January 16, 2024 January 16, 2024
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