Goldman Profit Surges 37% as Traders and Money Managers Notch Fresh Records
Net earnings of $4.1 billion were up from $2.99 billion a year ago. Per-share earnings were $12.25 a share; Wall Street was calling for $11.03, according to FactSet Shares slipped 0.5% in premarket trading on Tuesday. David Solomon, chief executive officer of Goldman Sachs. (Giuliano Berti/Bloomberg) Goldman Sachs's profit for the third quarter rose 37% from a year earlier, topping analysts' forecasts, as the firm's trading desks, dealmakers, and money managers recorded strong results. ...