Business > Market

Goldman Sachs posts blowout profit on surprisingly strong trading

27 days ago   |   By New York Post

Goldman Sachs boss David Solomon can thank the traders he kept around for shocking the street with one of the bank's best quarters in years. The Wall Street giant posted second-quarter earnings per share of $6.26, almost double the consensus estimate of $3.78. That blowout beat was driven in large part by Goldman's best trading...
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Goldman 2Q profit tops forecast on strong trading revenue

Goldman 2Q profit tops forecast on strong trading revenue

27 days ago   |   By Star Tribune

Goldman Sachs Group Inc.'s second-quarter profit blew past Wall Street's expectations thanks to strong results from its investment banking and trading businesses.
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Goldman Sachs' 2nd-quarter earnings beat estimates as trading desks drive revenue spike

27 days ago   |   By Business Insider

Goldman Sachs reported second-quarter earnings Wednesday morning that beat analyst estimates for revenue and profit.
Quarterly revenue posted its second-highest reading ever as trading businesses surged on heightened market volatility.
Loan loss reserves reached $1.6 billion as the firm braced for credit-market fallout.
"Our strong financial performance across our client franchises demonstrates the inherent benefits of our diversified business model," CEO David Solomon said.
Goldman shares gained as much as 4.1% in early trading.
Watch Goldman Sachs trade live here .
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Goldman Sachs is set to report second-quarter earnings - here's what the Street expects

27 days ago   |   By CNBC

Expectations for Goldman are running high after JPMorgan Chase and Citigroup posted strong trading and advisory results that helped the banks beat profit estimates for the second quarter.
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Inovio Pharmaceuticals sheds 12% after earnings miss, update on its COVID-19...

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