Goldman Sachs (GS) Q3 Earnings and Revenues Beat Estimates

Core Insights - Goldman Sachs reported quarterly earnings of $12.25 per share, exceeding the Zacks Consensus Estimate of $11.11 per share, and showing a significant increase from $8.4 per share a year ago, representing an earnings surprise of +10.26% [1] - The company achieved revenues of $15.18 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 7.37% and up from $12.7 billion year-over-year [2] - Goldman Sachs has consistently outperformed consensus EPS and revenue estimates over the last four quarters [2] Earnings Performance - The earnings surprise for the previous quarter was +15.69%, with actual earnings of $10.91 per share compared to an expected $9.43 [1] - The current consensus EPS estimate for the upcoming quarter is $11.26, with expected revenues of $13.69 billion, while the fiscal year estimate is $47.16 on $57.3 billion in revenues [7] Stock Performance - Goldman shares have increased approximately 37.4% year-to-date, significantly outperforming the S&P 500's gain of 13.1% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Outlook - The Financial - Investment Bank industry is currently ranked in the top 12% of over 250 Zacks industries, suggesting a favorable outlook for stocks within this sector [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]