Company Of The Day: Goldman Sachs

October 18th, 2021 by Trefis Team
+19.79%
Upside
324
Market
388
Trefis
GS: Goldman Sachs logo
GS
Goldman Sachs

What?

Goldman Sachs (NYSE: GS) published a stronger than expected set of Q3 2021 results on Friday, with revenue rising 26% year-over-year to $13.6 billion and profits up 63% to about $5.3 billion.

Why?

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The results were driven by strength in the company’s investment banking and trading operations.

So What?

Goldman stock rose by almost 4% in Friday’s trading, following the earnings report.

See Our Complete Analysis For Goldman Sachs

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