Goldman Sachs Just Shattered Earnings Expectations

By The Motley Foolabout 1 month ago

We've now heard from most of the biggest U.S. banks, and it's fair to say that Goldman Sachs (NYSE: GS) was probably the biggest winner.

For one thing, the bank destroyed expectations on both the top and bottom lines. Analysts had been looking for earnings of $7.47 per share, and Goldman reported $12.08 today. On the top line, revenue was forecast to come in just shy of $10 billion, and the bank generated $11.74 billion. In other words, the analysts weren't even close on either end.

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