Goldman Sachs crushes analysts’ estimates on strong investment banking and trading results

Goldman Sachs crushes analysts’ estimates on strong investment banking and trading results

October 16, 2021 Clora Pecora 0

Goldman Sachs posted Friday third-quarter results that exceeded analysts’ expectations, as investment banking revenue surged nearly 90%, and the bank reaped record fees from equities financing.Here are the numbers:Earnings: $14.93 a share vs. $10.18 consensus estimate, according to RefinitivRevenue: $13.61 billion vs. $11.68 billion consensus estimateProfit at the bank surged 63% to $5.28 billion, or…