Goldman Sachs Results Beat Expectations

Goldman Sachs announced its third-quarter results that were better than analysts’ expectations, as investment banking revenues rose by 90%.

Goldman Sachs’ results beat expectations during the third quarter, with earnings per share of $14.93 versus expectations of $10.18 per share, according to Refinitiv.

Revenue also beat expectations, reaching $13.6 billion in the same period.

The positive results of the bank come with the support of the investment banking department recording a record growth of 90%, especially from the trading of shares