Company Of The Day: 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?
Relevant Articles
- Gaining 19% YTD, Where Is Goldman Sachs Stock Headed?
- Trailing S&P500 By 18% Since The Start Of 2023, What To Expect From Goldman Sachs Stock?
- Down 12% In The Last Twelve Months, Where Is Goldman Sachs Stock Headed?
- What To Expect From Goldman Sachs Stock?
- Goldman Sachs Stock Is Undervalued At The Current Levels
- Goldman Sachs To Edge Past the Consensus In Q1
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
What if you’re looking for a more balanced portfolio instead? Here’s a high-quality portfolio that’s beaten the market consistently since 2016.
Invest with Trefis Market Beating Portfolios
See all Trefis Price Estimates