Goldman Sachs Gr Q3 Total Net Revenues $11.82B Beat $11.14B Estimate
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs Gr (NYSE:GS) reported Q3 earnings of $5.47 per share, beating the analyst consensus estimate of $5.31 by 3.01%. However, this is a 33.7% decrease from the same period last year. The company also reported quarterly sales of $11.82 billion, beating the analyst consensus estimate of $11.14 billion by 6.08%, but this is a 1.32% decrease from the same period last year.
October 17, 2023 | 11:27 am
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Goldman Sachs reported better than expected Q3 earnings and sales, but both figures are down from the same period last year.
While Goldman Sachs beat Q3 estimates, the year-on-year decreases in earnings and sales may concern investors, potentially leading to a neutral short-term impact on the stock.
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RELEVANCE 100